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Conyers advises GoodBulk Ltd. on its US$100 million private placement of new shares

March 2017 Guy Cooper

Conyers advised GoodBulk Ltd. on its US$100 million private placement of new shares in March 2017, which comes soon after the company sealed its initial equity raise in December 2016. The proceeds of the private placement will be used to purchase six dry bulk vessels and for working capital purposes. The shares are listed on the Norwegian OTC market, with an IPO expected within 12 months. Pareto Securities Inc acted as sole manager and bookrunner in the equity raise. Conyers worked closely with the company’s other advisers Advokatfirmaet Thommessen AS (Norwegian law) and Brown Rudnick LLP (US law) in the equity raise.

Guy Cooper of the Bermuda office worked on the matter alongside Thommessen and Brown Rudnick LLP.

 


Guy Cooper
Director

Bermuda   +1 441 299 4938


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