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Eagle Bulk Shipping files automatic shelf registration
By Devika Patel
Knoxville, Tenn., Dec. 31 - Eagle Bulk Shipping Inc. filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.
The registration covers common shares, preferred shares, debt securities, which may be guaranteed by one or more of the company's subsidiaries, purchase contracts and units.
Securities may be structured as convertibles.
Proceeds will be used to make vessel acquisitions and for capital expenditures, repayment of debt, working capital and general corporate purposes.
Eagle Bulk is a New York-based shipping company.
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