Shortly afterTradeWinds broke news that an application was forthcoming the Connecticut-based owner filed a prospectus with the US Securities & Exchange Commission.
According to the filing Diamond S is looking to raise up to $100m from the sale of shares in an initial public offering (IPO) backed by Jefferies and BofA Merrill Lynch.
While the two investment banks were the only underwriters mentioned in the prospectus some observers believe the owner will likely recruit co-managers before it pulls the trigger.
The
