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News Breaks
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November 20, 2009
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| 06:51 EDT |  | DRYS |
| theflyonthewall.com: | DryShips prices $400M Convertible Senior Notes offering, increases size | | DryShips priced $400M convertible senior notes, increased in size from $300M, at an issued price equal to 100% of their face value, will have an interest rate of 5%. Concurrently with the offering of the convertible notes, DryShips has entered into a share lending agreement with Deutsche Bank AG, London Branch under which it will loan to Deutsche Bank AG 26.1M shares of its common stock. :theflyonthewall.com |
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