LPG - Why Dorian (LPG) Shares Are Falling During Thursday's Session | Benzinga
Dorian LPG Ltd (NYSE:LPG) shares are trading lower by 9.2% to $45.66 during Thursday’s session after the company announced the pricing of its public offering of 2 million common shares at $44.50 per share. The net proceeds will be used for general corporate purposes.
The company has also granted underwriters a 30-day option to purchase an additional 300,000 shares. Jefferies and SEB are the lead bookrunning managers, with Pareto Securities, Fearnley Securities, Arctic Securities, DNB Markets, BNP PARIBAS and Credit Agricole ...
LPG) Shares Are Falling During Thursday's Session>Full story available on Benzinga.com