Diana Shipping, a US-listed bulker operator, said on Tuesday it has hired financial advisors with a view to sell a five-year bond.

The Semiramis Paliou-led company announced in a press statement it has mandated Arctic Securities and Nordea Bank to arrange a series of investor calls.

“Subject to inter alia market conditions, a USD-denominated senior unsecured bond issue with five-year tenor may follow,” Diana said.