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Star Bulk Carriers renews ATM equity programs with up to $41M and $75M capacity

SBLKStar Bulk Carriers Corp.

Star Bulk Carriers Corp. renewed its existing At-The-Market (ATM) equity offering programs following the expiration of the prior shelf registration statement. The renewal does not expand the size of the programs but maintains unused capacity from the previous terms. Star Bulk entered into a Second Amended and Restated ATM Sales Agreement with Deutsche Bank Securities Inc. for up to $41,371,110 in common shares and a separate agreement with Jefferies LLC for up to $75,000,000 in common shares. The company stated the renewal is solely due to passage of time and reflects no change in policy or strategy. Star Bulk Carriers Corp. operates as a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.

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