Bulker owner Golden Ocean Group (GOGL) has sold out its $200m share issue in a day and immediately returned to the market for more funds.

The Oslo-listed company sold 343.68m new shares at NOK 5 ($0.58) each, compared to a closing price of NOK 5.90 on Thursday, when the private placement was announced.

GOGL will have 516.36m outstanding shares after the deal.

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