GOGL-US: Acquires 16 vessels (SELL, TP USD 4.2 [4.0])

Posted on March 14, 2017 by admin

Golden Ocean today announced the acquisition of 16 dry bulk vessels for a consideration of USD 127m in shares and USD 285m in assumed debt. The acquisition and its funding structure is in our view a “no-brainer” as the shares were…

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