Diana Shipping buys back $78.25 million 2023 bonds, to refinance rest

By Wendy Van Sickle

Columbus, Ohio, June 8 – Diana Shipping Inc. bought back $78.25 million of its 9½% senior bonds due 2023 (ISIN: NO0010832868) in conjunction with an offering of $125 million of 8 3/8% five-year senior bonds and plans to use the offering proceeds to refinance the remaining portion of the 2023 bonds, according to a news release.

This shipping company is based in Athens, Greece.

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