Regulatory Filings • Jun 15, 2018
Preview not available for this file type.
Download Source FileFWP 1 a18-15249_3fwp.htm FWP
Filed Pursuant to Rule 433
Registration Statement No. 333-204580
*ISSUER FREE WRITING PROSPECTUS*
*Genco Shipping & Trading Limited*
*6,100,000 Shares of Common Stock*
*Pricing Term Sheet June 15, 2018*
| Issuer: | Genco Shipping & Trading Limited |
|---|---|
| Symbol: | NYSE: GNK |
| Shares of the Issuers common stock (Shares) offered: | 6,100,000 shares |
| Underwriters Purchase Option: | 915,000 shares |
| Price to public: | $16.50 per share |
| Gross proceeds: | Approximately $100.7 million to the Issuer, if underwriters purchase option is not exercised, or approximately $115.7 million if the underwriters purchase option is exercised in full |
| Proceeds, net of underwriting discounts and commissions | Approximately $95.9 million to the Issuer, if underwriters purchase option is not exercised, or approximately $110.2 million, if underwriters purchase option is exercised in full |
| Trade date: | June 15, 2018 |
| Closing date: | June 19, 2018 |
| CUSIP: | Y2685T 131 |
| Underwriting: | Joint Book-Running Managers Jefferies LLC Fearnley Securities AS Fearnley Securities, Inc. Co-managers ABN AMRO Securities (USA) LLC Skandinaviska Enskilda Banken AB (publ) Credit Agricole Securities (USA) Inc. Seaport Global Securities LLC Noble Capital Markets Inc. |
**The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus and all supplements thereto in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, copies may be obtained from Jefferies LLC, Attention: Prospectus Department, 520 Madison Avenue, 2* nd Floor, New York, NY 10022 (or by email to [email protected]) or Fearnley Securities, Inc., 880 3 rd Ave, 16 th Floor, New York, NY 10022, Attn: Prospectus Department (or by email to [email protected]).***
SEQ.=1,FOLIO='',FILE='C:\JMS\109763\18-15249-3\task8941451\15249-3-be.htm',USER='109763',CD='Jun 15 18:43 2018'
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.