(Reuters) - UBS Securities LLC, Morgan Stanley & Co. Inc. and Cantor
Fitzgerald & Co. were underwriting the IPO, the drybulk
shipping services provider told the U.S Securities and Exchange
Commission.
The company, which intends to apply for listing Class A
Common Shares on the Nasdaq under the symbol "PRGN," said it
plans to use part of its net proceeds to fund a portion of the
purchase price of three additional drybulk carriers and to
repay up to $108.3 million of debt under its existing credit
facility.
Read more at Reuters.com Government Filings News
Fitzgerald & Co. were underwriting the IPO, the drybulk
shipping services provider told the U.S Securities and Exchange
Commission.
The company, which intends to apply for listing Class A
Common Shares on the Nasdaq under the symbol "PRGN," said it
plans to use part of its net proceeds to fund a portion of the
purchase price of three additional drybulk carriers and to
repay up to $108.3 million of debt under its existing credit
facility.
Read more at Reuters.com Government Filings News
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