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United States

Scorpio Bulkers Inc (SALT.N)

SALT.N on New York Stock Exchange

6.20USD
10 Dec 2018
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$0.07 (+1.14%)
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Latest Key Developments (Source: Significant Developments)

Scorpio Bulkers Inc. Announces Q3 GAAP Loss Per Share $0.01
Monday, 22 Oct 2018 08:45am EDT 

Oct 22 (Reuters) - Scorpio Bulkers Inc ::. ANNOUNCES FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2018 AND DECLARES A QUARTERLY DIVIDEND.Q3 GAAP LOSS PER SHARE $0.01.Q3 EARNINGS PER SHARE VIEW $0.03 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $62.5 MILLION VERSUS I/B/E/S VIEW $63.3 MILLION.BOARD OF DIRECTORS AUTHORIZED A NEW SHARE REPURCHASE PROGRAM TO PURCHASE UP TO AN AGGREGATE OF $50.0 MILLION OF COMMON SHARES.ON OCTOBER 12, 2018, COMPANY INVESTED $100.0 MILLION IN A RELATED PARTY, SCORPIO TANKERS INC..INVESTMENT FOR APPROXIMATELY 54.1 MILLION, OR 10.9%, OF SCORPIO TANKERS' ISSUED AND OUTSTANDING COMMON SHARES.  Full Article

Scorpio Bulkers Announces Commitment For New Loan Facility
Thursday, 4 Oct 2018 08:12am EDT 

Oct 4 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY.SCORPIO BULKERS INC - RECEIVED A COMMITMENT FROM NORDEA BANK ABP FOR A LOAN FACILITY OF UP TO $90.0 MILLION.SCORPIO BULKERS INC - LOAN FACILITY WILL BE USED TO FINANCE UP TO 60% OF FAIR MARKET VALUE OF SIX ULTRAMAX DRY BULK VESSELS.SCORPIO BULKERS INC - LOAN FACILITY, WHICH IS EXPECTED TO CLOSE WITHIN OCTOBER 2018.SCORPIO BULKERS INC - LOAN FACILITY WOULD INCREASE CO'S LIQUIDITY BY ABOUT $28.0 MILLION AFTER REPAYMENT OF VESSELS' EXISTING DEBT.  Full Article

Scorpio Bulkers Inc. Announces Commitment For New Loan Facility
Monday, 6 Aug 2018 06:30am EDT 

Aug 6 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY.SCORPIO BULKERS INC - RECEIVED A COMMITMENT FOR A LOAN FACILITY OF UP TO $184.0 MILLION.SCORPIO BULKERS INC - LOAN FACILITY WILL BE COMPRISED OF A TERM LOAN UP TO $104.0 MILLION AND A REVOLVER UP TO $80.0 MILLION.SCORPIO BULKERS - LOAN FACILITY HAS FINAL MATURITY DATE OF 5 YEARS FROM SIGNING DATE AND BEARS INTEREST AT LIBOR PLUS A MARGIN OF 2.40%/ANNUM.  Full Article

Scorpio Bulkers Announces Commitment For New Loan Facility
Thursday, 26 Jul 2018 04:29pm EDT 

July 26 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY.SCORPIO BULKERS INC - LOAN FACILITY HAS A FINAL MATURITY DATE OF FIVE YEARS FROM DRAWDOWN DATE.SCORPIO BULKERS - CO HAS RECEIVED A COMMITMENT FROM ABN AMRO BANK N.V. AND NORDDEUTSCHE LANDESBANK GIROZENTRALE FOR A LOAN FACILITY OF UP TO $60 MILLION.SCORPIO BULKERS - LOAN FACILITY TO BE USED TO FINANCE UP TO 60% OF FAIR MARKET VALUE OF 2 ULTRAMAX DRY BULK VESSELS, 2 KAMSARMAX DRY BULK VESSELS.  Full Article

Scorpio Bulkers Q2 Gaap Earnings Per Share $0.01
Monday, 23 Jul 2018 07:37am EDT 

July 23 (Reuters) - Scorpio Bulkers Inc ::ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2018 AND DECLARES A QUARTERLY DIVIDEND.Q2 GAAP EARNINGS PER SHARE $0.01.Q2 EARNINGS PER SHARE VIEW $0.03 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $60.6 MILLION VERSUS I/B/E/S VIEW $60.8 MILLION.TCE REVENUE FOR QUARTER WAS $60.5 MILLION, INCREASE OF $22.9 MILLION FROM Q2 2017.  Full Article

Scorpio Bulkers Announces The Refinancing Of An Ultramax Vessel
Monday, 9 Jul 2018 09:03pm EDT 

July 9 (Reuters) - Scorpio Bulkers Inc ::. ANNOUNCES THE REFINANCING OF AN ULTRAMAX VESSEL.COMPANY WILL SELL A 2015 JAPANESE BUILT ULTRAMAX DRY BULK VESSEL, SBI ECHO, FOR A CONSIDERATION OF $19.0 MILLION.ENTERED INTO A FINANCING TRANSACTION IN RESPECT OF ONE OF COMPANY'S ULTRAMAX VESSELS WITH AN UNAFFILIATED THIRD PARTY.SCORPIO BULKERS- THIS TRANSACTION, INCREASES COMPANY'S LIQUIDITY BY APPROXIMATELY $7.9 MILLION AFTER REPAYMENT OF VESSEL'S EXISTING LOAN.DEAL PROVIDES CO WITH OPTIONS TO REPURCHASE VESSEL BEGINNING ON THIRD ANNIVERSARY OF SALE UNTIL END OF BAREBOAT CHARTER AGREEMENT.  Full Article

Scorpio Bulkers Announces Refinancing Of An Ultramax Vessel
Tuesday, 17 Apr 2018 04:16pm EDT 

April 17 (Reuters) - Scorpio Bulkers Inc ::ANNOUNCES THE REFINANCING OF AN ULTRAMAX VESSEL.ENTERED INTO A FINANCING TRANSACTION IN RESPECT OF ONE OF COMPANY'S ULTRAMAX VESSELS WITH AN UNAFFILIATED THIRD PARTY IN JAPAN.WILL SELL A 2015 JAPANESE BUILT ULTRAMAX DRY BULK VESSEL, SBI TANGO, FOR A CONSIDERATION OF $19.0 MILLION.THIS TRANSACTION INCREASES COMPANY'S LIQUIDITY BY APPROXIMATELY $10.3 MILLION AFTER REPAYMENT OF VESSEL'S EXISTING LOAN.  Full Article

Scorpio Bulkers Announces A Commitment For A New Loan Facility And The Agreement To Modify A Contract To Acquire A Single Ultramax Vessel
Monday, 4 Dec 2017 06:30am EST 

Dec 4 (Reuters) - Scorpio Bulkers Inc ::SCORPIO BULKERS INC. ANNOUNCES A COMMITMENT FOR A NEW LOAN FACILITY AND THE AGREEMENT TO MODIFY A CONTRACT TO ACQUIRE A SINGLE ULTRAMAX VESSEL.SCORPIO BULKERS INC - ‍COMPANY HAS RECEIVED A COMMITMENT FROM A EUROPEAN FINANCIAL INSTITUTION FOR A LOAN FACILITY OF UP TO $38.7 MILLION​.SCORPIO BULKERS INC - ‍LOAN FACILITY TO BE USED TO FINANCE UP TO 60% OF MARKET VALUE OF 3 ULTRAMAX DRY BULK VESSELS CO HAS RECENTLY AGREED TO ACQUIRE​.SCORPIO BULKERS - AGREED TO MODIFY PREVIOUSLY ANNOUNCED CONTRACT WITH UNAFFILIATED THIRD PARTY TO ACQUIRE 2015 CHINESE BUILT ULTRAMAX DRY BULK VESSEL​.SCORPIO BULKERS INC - ‍WILL NOW INCLUDE IN TOTAL CONSIDERATION FOR 2015 CHINESE BUILT ULTRAMAX DRY BULK VESSEL ​910,802 COMMON SHARES OF CO.  Full Article

Scorpio Bulkers files for offering of upto ‍​1.6 mln common shares by the selling shareholder
Thursday, 9 Nov 2017 08:43am EST 

Nov 9 (Reuters) - Scorpio Bulkers Inc :Scorpio Bulkers Inc files for offering of upto ‍​1.6 million common shares by the selling shareholder - SEC Filing.  Full Article

Scorpio Bulkers to buy 3 Ultramax vessels, 1 Kamsarmax vessel
Monday, 6 Nov 2017 04:10pm EST 

Nov 6 (Reuters) - Scorpio Bulkers Inc :Scorpio Bulkers Inc announces acquisition of three Ultramax vessels and one Kamsarmax vessel.Scorpio Bulkers - ‍entered 2 separate deals to acquire 3 ultramax dry bulk vessels,1 Kamsarmax dry bulk vessel for aggregate of $90 million​.Scorpio Bulkers - ‍cash component of vessel acquisitions will be funded by cash on hand, new debt facilities​.  Full Article