Last night, the shares of Costamare Inc. were priced at $12, or 25% below the midpoint of the expected range of $15 to $17. The company sold 13.3 million shares, the number expected, raising $159.6 million in proceeds, instead of the $260 million that was planned.
This is only an excerpt of Is New Better? – Costamare Prices
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Tags: · Costamare Inc., Danaos, Global Ship Leasing (“GSL”), SeaCube, Seaspan
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