On Wednesday shares of Britannia Bulk were fully sold at $15, below the $17 to $19 expected range. Given the volatility of the recent week in the dry bulk markets, we believe this to be a huge success and congratulate the company and its bankers, Goldman Sachs, Banc of America, Dahlman Rose and Oppenheimer on a deal well done.
This is only an excerpt of Hail Britannia!
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Tags: · Banc of America, Britannia Bulk, Dahlman Rose, Goldman Sachs, Oppenheimer
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