Diana Shipping Inc. Announces Pricing of US$100 Million Senior Unsecured Bond Offering
(WorldNews Greece)

ATHENS, GREECE, September 18, 2018 - Diana Shipping Inc. (NYSE: DSX), (the `Company`), a global shipping company specializing in the ownership of dry bulk vessels, today announced the pricing of a US$100 million private placement of senior unsecured bonds maturing in September 2023 and callable beginning three years after issuance. In addition, the Company may issue up to an additional US$25 million of the bonds on one or more occasions. The bond offering was priced with a U.S. dollar fixed-rate coupon of 9.50%. Interest will be payable semi-annually in arrears in March and September of each year. The Company will apply for listing of the bonds on the Oslo Stock Exchange. The offering is...