Taylor Maritime Investments to Raise $75 Mln to Fund Fleet Expansion says a Market Watch news article written by Matteo Castia.
The dry-bulk shipping company
The dry-bulk shipping company said it will issue new ordinary shares at a price of $1.15. Shares last traded at $1.18.
The six vessels form part of a wider near-term pipeline of 14 vessels, Taylor Maritime said.
The company also said it expects to declare a dividend of 1.75 cents a share in October.
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Source: Market Watch
