Radziwill-backed vehicle GoodBulk has become the latest to close an equity raise in dry bulk, pulling in $100m from private investors to acquire five capesizes and one ultramax.

The company confirmed the pricing in a prepared statement today, calling it “fully subscribed” even though original offering documents called for a raise of $120m.

Once the Pareto Securities-led deal formally closes next week, the company is expected to list on the Norwegian over the counter (OTC) market.

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