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Simpson Thacher Represents Placement Agents in Registered Direct Offering of Common Shares by Star Bulk Carriers Corp.

06.03.15

The Firm recently represented Clarksons Platou Securities, DVB Capital Markets and other placement agents in connection with Star Bulk Carriers Corp.’s registered direct offering of 56,250,000 common shares, resulting in net proceeds to Star Bulk of approximately $176 million.

Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector.

The Simpson Thacher team included Lesley Peng, Katerina Kousoula and John Tracy (Capital Markets); Jonathan Cantor and Michael Cardella (Tax); David Rubinsky and David Mollo-Christensen (Executive Compensation and Employee Benefits); Adeeb Fadil and Noreen Lavan (Environmental); and Andrew Pagliughi (Blue Sky).