Eagle Bulk Shipping

New York listed Eagle Bulk Shipping raised equity $750 million shelf registration. Gary Vogel-led shipowner and operator Eagle Bulk Shipping logged the securities filing at the same time as two major shareholders registered to sell shares. These share sales will go towards “vessel acquisitions, capital expenditures, repayment of indebtedness, working capital, and general corporate purposes”. New York listed Eagle Bulk Shipping shares are hold by Oaktree Capital Management and GoldenTree Asset Management, 31% and 15% respectively.