Marine Link
Monday, August 2, 2021

Diamond S Shipping Files for $100M IPO

Maritime Activity Reports, Inc.

February 5, 2014

Photo: Diamond S Shipping Group

Photo: Diamond S Shipping Group

IPO investment firm Renaissance Capital said that Diamond S Shipping Group, a provider of seaborne transportation of refined petroleum and is backed by WL Ross, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.

The Greenwich, Connecticut-based company, which was founded in 2013 and booked $178 million in sales for the fiscal year ended December 31, 2013, plans to list on the NYSE under the symbol DSG. Diamond S Shipping Group initially filed confidentially on September 18, 2013. Jefferies and BofA Merrill Lynch are the joint bookrunners on the deal.

No pricing terms were disclosed.

renaissancecapital.com
 

Maritime Reporter E-News subscription

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week

Subscribe for Maritime Reporter E-News