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Eagle Bulk Shipping Inc (EGLE.OQ)

EGLE.OQ on NASDAQ Stock Exchange Global Select Market

5.31USD
22 Oct 2018
Change (% chg)

$0.43 (+8.81%)
Prev Close
$4.88
Open
$4.88
Day's High
$5.36
Day's Low
$4.85
Volume
97,638
Avg. Vol
107,274
52-wk High
$6.14
52-wk Low
$4.19

Latest Key Developments (Source: Significant Developments)

Proposed Amendment To The Eagle Bulk Shipco Bond Terms To Facilitate The Financing Of Scrubbers
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Eagle Bulk Shipping Inc ::PROPOSED AMENDMENT TO THE EAGLE BULK SHIPCO BOND TERMS TO FACILITATE THE FINANCING OF SCRUBBERS.EAGLE BULK SHIPPING - AS PART OF AGREEMENTS, SHIPCO INTENDS TO INSTALL SCRUBBERS ON FOUR OF SECURITY VESSELS.EAGLE BULK SHIPPING - IN ADDITION, SCRUBBERS MAY BE INSTALLED ON UP TO AN ADDITIONAL 18 OF SECURITY VESSELS UNDER OPTIONS AGREEMENTS.EAGLE BULK SHIPPING INC - COST, INCLUDING INSTALLATION, IS EXPECTED TO BE ABOUT USD 2 MILLION PER SCRUBBER.EAGLE BULK SHIPPING - PROPOSED AMENDMENT IS INTENDED TO ALLOW FOR USE OF PROCEEDS FROM SALE OF SECURITY VESSELS, UP TO USD 25 MILLION.EAGLE BULK-SHIPCO TO FUND SCRUBBER INSTALLATION FROM CASH SOURCES INCLUDING AVAILABLE CASH, CASH FLOW FROM OPERATIONS, PROCEEDS FROM SALE OF SECURITY VESSELS.  Full Article

Eagle Bulk Shipping Announces Purchase Of Ultramax Bulkcarrier
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Eagle Bulk Shipping Inc ::EAGLE BULK SHIPPING INC. ANNOUNCES PURCHASE OF ULTRAMAX BULKCARRIER.EAGLE BULK SHIPPING INC - DEAL FOR PURCHASE PRICE OF USD 21.2 MILLION.EAGLE BULK SHIPPING INC - VESSEL SCHEDULED TO BE DELIVERED TO COMPANY DURING Q4 OF 2018.EAGLE BULK SHIPPING INC - UPON DELIVERY OF M/V HAMBURG EAGLE, COMPANY'S FLEET WILL CONSIST OF 47 VESSELS.  Full Article

Eagle Bulk Shipping Taken Delivery Of M/V New London Eagle
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Eagle Bulk Shipping Inc ::EAGLE BULK SHIPPING INC - ‍HAS TAKEN DELIVERY OF ITS NEWLY ACQUIRED VESSEL, M/V NEW LONDON EAGLE, A 2015-BUILT CROWN-63 ULTRAMAX​.EAGLE BULK SHIPPING INC - ‍ACQUISITION OF M/V NEW LONDON EAGLE​ HAS BEEN FUNDED BY CASH ON-HAND AND NEW DEBT OF $8.6 MILLION.  Full Article

Eagle Bulk Shipping Says ‍unit received $65 mln loan commitment for a senior secured credit facility
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Eagle Bulk Shipping Inc -:Eagle Bulk Shipping Inc. announces the pricing of USD 200 million in senior bonds and the arrangement of a USD 65 million credit facility.Eagle Bulk Shipping Inc - unit ‍has priced $200 million in senior secured bonds which will carry a coupon of 8.25% and be due in November 2022​.Eagle Bulk Shipping Inc- ‍unit received loan commitment from certain existing lenders in amount of $65 million for a senior secured credit facility.Eagle Bulk Shipping Inc - ‍loan will bear an interest rate of Libor plus 3.50% and have a maturity date of November 2022​.  Full Article

Eagle Bulk Shipping Inc. reports third quarter 2017 results
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Eagle Bulk Shipping Inc :Eagle Bulk Shipping Inc. Reports third quarter 2017 results.Q3 loss per share $0.15.Q3 earnings per share view $-0.10 -- Thomson Reuters I/B/E/S.Q3 revenue rose 75 percent to $62.7 million.Q3 revenue view $41 million -- Thomson Reuters I/B/E/S.Eagle Bulk Shipping Inc - qtrly ‍net time and voyage charter revenues were $62.7 million compared with $35.8 million recorded in comparable quarter in 2016​.  Full Article