Shipping and Offshore Equity Capital Market Transactions, 2019

摘要

ATM offering with proceeds to fund general corporate purposes, which may include additions to working capital, repayment of existing indebtedness, capital expenditures including scrubbers, acquisitions, and future projects. Private offering of shares to nine investors. Proceeds will fund 20x containership newbuildings. Proceeds will be used to for working capital in the development of compressed natural gas (CNG) carriers. Following the IPO the company contracted with Yanti Raffles to build 4x ships. Proceeds to be used to fund yard installments for 8x scrubber-fitted newcastlemax newbuildings and general corporate purposes. Placement of new ordinary shares. Proceeds will be used to make new investments in tanker, container, and general cargo sectors. Public offering of 8.50% Series A Preference Shares with a fully exercised greenshoe. Proceeds will be used for general corporate purposes, including the purchase of containers, repurchase of outstanding common shares, payment of dividends, and repayment of outstanding indebtedness. Secondary offering of common shares by Warburg Pincus. Triton will repurchase 1.5 million of the offered shares Oversubscribed private placement of common shares. Awilhelmsen Offshore, the leading shareholder of Awilco, was allocated 2.3 million shares in the offering. ATM offering to sell up to $40 million of common shares over a period of approximately 3 years.