The offering is expected to close on 19 June 2018, subject to the satisfaction of customary closing conditions. Genco intends to use the net proceeds from the offering for future vessel acquisitions.
Jefferies LLC, Fearnley Securities AS and Fearnley Securities, Inc. are acting as joint bo Jefferies LLC, Fearnley Securities AS and Fearnley Securities, Inc. are acting as joint book-running managers for the offering, and ABN AMRO Securities (USA) LLC, Skandinaviska Enskilda Banken AB (publ), Credit Agricole Securities (USA) Inc., Seaport Global Securities LLC and Noble Capital Markets Inc. are acting as co-managers for the offering.
The common stock was offered pursuant to a shelf registration statement that was previously filed with and declared effective by the US Securities and Exchange Commission (the SEC).
The offering was made only by means of a prospectus supplement and an accompanying prospectus.
