Featured Articles
Largest Bulk Shipper – Star Bulk Carriers – Sells a Debt Issue
Tim McPartland | November 10, 2014
Soon to be the largest dry bulk shipping company (over 100 ships when all mergers and new builds are included) Greek ship owner Star Bulk Carriers Corp (ticker:SBLK) has sold a 8% Senior Note offering. This issue has a maturity date of 2019 and meets our need for shorter maturities. We are a buyer.This issue began trading today (11/10/2014) under…
Star Bulk Carriers Corp 8% Senior Notes due 2019
Tim McPartland | November 10, 2014
Date Issued 11/6/2014 Shares Issued 2,000,000 Overallotment Shares 300,000 S&P Rating NR Moodys Rating NR Security Ticker Symbol SBLKL Market Traded ON NASDAQ Interest Payment Paid on the 15th of February, May, August and November beginning on 02/15/2015 Quarterly Interest .500 Annual Interest 2.000 Securities may be redeemed, at the issuers option, as early…
Kicking Off Another Week
Tim McPartland | November 10, 2014
Well after another week has passed without major fireworks in the stock and bond markets we start another week wondering what, if anything, will derail stocks (and bonds).The area one would expect fireworks would be in the energy related issues (primarily crude oil). It looks like even though West Texas Intermediate is trading in the $78/barrel area markets have accepted…
