Dorian LPG (LPG) Announces Public Offering of Common Shares

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Dorian LPG Ltd. Announces Public Offering of Common Shares

June 5, 2024 4:23 PM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Dorian LPG Ltd. (NYSE: LPG) (the "Company, Dorian LPG, we, us and our) announced today that it intends to offer, issue and sell to the public 2,000,000 shares of its common stock, par value $0.01 per share (Common Shares), through an underwritten public offering (the Offering). The net proceeds of the Offering are expected to be used for general corporate purposes.

The Company also intends to grant the underwriters a 30-day option to purchase up to an additional 300,000 Common Shares.

Jefferies is acting as lead bookrunning manager for the Offering. SEB is... More