Dorian LPG Raises Cash to Finance Newbuild VLGCs
The company plans to use the proceeds from the Private Placement to part finance the ECO-class VLGCs currently under construction and for general corporate purposes including working capital and transaction costs.RS Platou Markets AS (bookrunner), Arctic Securities ASA and DNB Markets, have acted as joint lead managers for the Private Placement.Dorian LPG, February 10, 2014