Okeanis Eco Tankers prices USD 115M registered direct share deal
Okeanis Eco Tankers Corp. (ECO) reports that it has completed the pricing of a USD 115 million offering of new common shares through a registered direct offering to investors.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Okeanis Eco Tankers Corp. (ECO) reports that it has completed the pricing of a USD 115 million offering of new common shares through a registered direct offering to investors. Closing is expected to occur on or about November 21, 2025, subject to customary conditions. The transaction is conducted under the company’s effective shelf registration statements on Form F-3 and a prospectus supplement dated November 19, 2025.
The company engaged Clarksons Securities AS and Fearnley Securities AS as placement agents. As compensation, ECO agreed to pay an aggregate cash fee equal to 3.25% of the gross proceeds from the offering, with an additional discretionary amount of up to 0.25% of gross proceeds, excluding purchases by certain affiliates, and to reimburse up to $20,000 of offering-related expenses plus legal and other out-of-pocket costs. The related engagement and application agreements include customary representations, covenants, conditions to closing, and indemnification provisions.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What capital raise did Okeanis Eco Tankers Corp. (ECO) announce in this Form 6-K?
When is the closing of the Okeanis Eco Tankers (ECO) USD 115 million offering expected?
What fees will Okeanis Eco Tankers (ECO) pay to the placement agents?
What expenses will Okeanis Eco Tankers (ECO) reimburse in connection with the offering?
Which firms are acting as placement agents for the Okeanis Eco Tankers (ECO) offering?
AI-generated analysis. How Rhea-AI works. Not financial advice.