Scorpio Bulkers announced plans to launch a public share offering, with its private sponsor gearing up to participate with a cash injection into the New York-listed shipowner.
The Emanuele Lauro-led company said it will offer 20 million shares in the public portion of the offering, with the funds to be spent on the catchall "general corporate purposes".
Underwriters will receive options for another 3 million shares.
Scorpio
