Edition:
India

Scorpio Bulkers Inc (SALT.N)

SALT.N on New York Stock Exchange

6.70USD
18 Sep 2018
Change (% chg)

$0.25 (+3.88%)
Prev Close
$6.45
Open
$6.50
Day's High
$6.78
Day's Low
$6.35
Volume
96,338
Avg. Vol
91,350
52-wk High
$8.85
52-wk Low
$6.35

Latest Key Developments (Source: Significant Developments)

Scorpio Bulkers Inc. Announces Commitment For New Loan Facility
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY.SCORPIO BULKERS INC - RECEIVED A COMMITMENT FOR A LOAN FACILITY OF UP TO $184.0 MILLION.SCORPIO BULKERS INC - LOAN FACILITY WILL BE COMPRISED OF A TERM LOAN UP TO $104.0 MILLION AND A REVOLVER UP TO $80.0 MILLION.SCORPIO BULKERS - LOAN FACILITY HAS FINAL MATURITY DATE OF 5 YEARS FROM SIGNING DATE AND BEARS INTEREST AT LIBOR PLUS A MARGIN OF 2.40%/ANNUM.  Full Article

Scorpio Bulkers Announces Commitment For New Loan Facility
Friday, 27 Jul 2018 

July 26 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY.SCORPIO BULKERS INC - LOAN FACILITY HAS A FINAL MATURITY DATE OF FIVE YEARS FROM DRAWDOWN DATE.SCORPIO BULKERS - CO HAS RECEIVED A COMMITMENT FROM ABN AMRO BANK N.V. AND NORDDEUTSCHE LANDESBANK GIROZENTRALE FOR A LOAN FACILITY OF UP TO $60 MILLION.SCORPIO BULKERS - LOAN FACILITY TO BE USED TO FINANCE UP TO 60% OF FAIR MARKET VALUE OF 2 ULTRAMAX DRY BULK VESSELS, 2 KAMSARMAX DRY BULK VESSELS.  Full Article

Scorpio Bulkers Q2 Gaap Earnings Per Share $0.01
Monday, 23 Jul 2018 

July 23 (Reuters) - Scorpio Bulkers Inc ::ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2018 AND DECLARES A QUARTERLY DIVIDEND.Q2 GAAP EARNINGS PER SHARE $0.01.Q2 EARNINGS PER SHARE VIEW $0.03 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $60.6 MILLION VERSUS I/B/E/S VIEW $60.8 MILLION.TCE REVENUE FOR QUARTER WAS $60.5 MILLION, INCREASE OF $22.9 MILLION FROM Q2 2017.  Full Article

Scorpio Bulkers Announces The Refinancing Of An Ultramax Vessel
Tuesday, 10 Jul 2018 

July 9 (Reuters) - Scorpio Bulkers Inc ::. ANNOUNCES THE REFINANCING OF AN ULTRAMAX VESSEL.COMPANY WILL SELL A 2015 JAPANESE BUILT ULTRAMAX DRY BULK VESSEL, SBI ECHO, FOR A CONSIDERATION OF $19.0 MILLION.ENTERED INTO A FINANCING TRANSACTION IN RESPECT OF ONE OF COMPANY'S ULTRAMAX VESSELS WITH AN UNAFFILIATED THIRD PARTY.SCORPIO BULKERS- THIS TRANSACTION, INCREASES COMPANY'S LIQUIDITY BY APPROXIMATELY $7.9 MILLION AFTER REPAYMENT OF VESSEL'S EXISTING LOAN.DEAL PROVIDES CO WITH OPTIONS TO REPURCHASE VESSEL BEGINNING ON THIRD ANNIVERSARY OF SALE UNTIL END OF BAREBOAT CHARTER AGREEMENT.  Full Article

Scorpio Bulkers Announces Refinancing Of An Ultramax Vessel
Wednesday, 18 Apr 2018 

April 17 (Reuters) - Scorpio Bulkers Inc ::ANNOUNCES THE REFINANCING OF AN ULTRAMAX VESSEL.ENTERED INTO A FINANCING TRANSACTION IN RESPECT OF ONE OF COMPANY'S ULTRAMAX VESSELS WITH AN UNAFFILIATED THIRD PARTY IN JAPAN.WILL SELL A 2015 JAPANESE BUILT ULTRAMAX DRY BULK VESSEL, SBI TANGO, FOR A CONSIDERATION OF $19.0 MILLION.THIS TRANSACTION INCREASES COMPANY'S LIQUIDITY BY APPROXIMATELY $10.3 MILLION AFTER REPAYMENT OF VESSEL'S EXISTING LOAN.  Full Article

Scorpio Bulkers Announces A Commitment For A New Loan Facility And The Agreement To Modify A Contract To Acquire A Single Ultramax Vessel
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY AND THE AGREEMENT TO MODIFY A CONTRACT TO ACQUIRE A SINGLE ULTRAMAX VESSEL.SCORPIO BULKERS INC - ‍COMPANY HAS RECEIVED A COMMITMENT FROM A EUROPEAN FINANCIAL INSTITUTION FOR A LOAN FACILITY OF UP TO $38.7 MILLION​.SCORPIO BULKERS INC - ‍LOAN FACILITY TO BE USED TO FINANCE UP TO 60% OF MARKET VALUE OF 3 ULTRAMAX DRY BULK VESSELS CO HAS RECENTLY AGREED TO ACQUIRE​.SCORPIO BULKERS - AGREED TO MODIFY PREVIOUSLY ANNOUNCED CONTRACT WITH UNAFFILIATED THIRD PARTY TO ACQUIRE 2015 CHINESE BUILT ULTRAMAX DRY BULK VESSEL​.SCORPIO BULKERS INC - ‍WILL NOW INCLUDE IN TOTAL CONSIDERATION FOR 2015 CHINESE BUILT ULTRAMAX DRY BULK VESSEL ​910,802 COMMON SHARES OF CO.  Full Article

Scorpio Bulkers files for offering of upto ‍​1.6 mln common shares by the selling shareholder
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Scorpio Bulkers Inc :Scorpio Bulkers Inc files for offering of upto ‍​1.6 million common shares by the selling shareholder - SEC Filing.  Full Article

Scorpio Bulkers to buy 3 Ultramax vessels, 1 Kamsarmax vessel
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Scorpio Bulkers Inc :Scorpio Bulkers Inc announces acquisition of three Ultramax vessels and one Kamsarmax vessel.Scorpio Bulkers - ‍entered 2 separate deals to acquire 3 ultramax dry bulk vessels,1 Kamsarmax dry bulk vessel for aggregate of $90 million​.Scorpio Bulkers - ‍cash component of vessel acquisitions will be funded by cash on hand, new debt facilities​.  Full Article

Scorpio bulkers Inc. announces termination of common share offering
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Scorpio Bulkers Inc ::Scorpio Bulkers Inc. announces termination of common share offering.Scorpio Bulkers-‍determined not to proceed with previously announced offering of 10 million shares due to "unsatisfactory price" offered to company​.  Full Article

Scorpio Bulkers announces public offering of common shares
Wednesday, 25 Oct 2017 

Oct 24 (Reuters) - Scorpio Bulkers Inc :Scorpio Bulkers Inc. Announces public offering of common shares.Scorpio Bulkers Inc - ‍intends to offer, issue and sell to public 10 million shares of its common stock, par value $0.01 per share​.  Full Article

BRIEF-Scorpio Bulkers Reported Q1 GAAP Loss Per Share $0.08

* ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2018 AND DECLARES A QUARTERLY DIVIDEND