Greek boxship owner Costamare is targeting a windfall of $105.75m from its new share offering.
It said on Thursday it had priced the sale of 7.5m shares at $14.10. The stock was trading down 9% at $14.07 in New York on Thursday morning.
Costamare’s principal shareholders, the Constantakopoulos family, have indicated their intention to buy up to 750,000 shares in the offering.
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