DORIAN LPG LTD. (NYSE:LPG) Files An 8-K Other Events

DORIAN LPG LTD. (NYSE:LPG) Files An 8-K Other Events
Item 8.01 Other Events

On June 26, 2018, the Company issued a press release (i) announcing the completion of three financing agreements and the full repayment of all remaining outstanding amounts due under the Company's Bridge Loan Facility with DNB Capital LLC and (ii) responding to the letter sent today by BW LPG Ltd. restating its unsolicited and conditional proposal to combine with the Company in a stock-for-stock transaction.
Press Release dated June 26, 2018
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EX-99.1 2 d7936162_ex99-1.htm Exhibit 99.1 Dorian LPG Ltd. Announces Financing Transactions And Full Repayment Of Bridge Loan Facility Receives Letter from BW LPG Restating Previously Rejected Proposal Reiterates Willingness to Engage in Talks on ECO Ship Proposal STAMFORD,…
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Dorian LPG Ltd. is a holding company. The Company, through its subsidiaries, is focused on owning and operating very large gas carrier (VLGCs) in the liquefied petroleum gas (LPG) shipping industry. The Company is engaged in the transportation of LPG across the world through its ownership and operation of LPG tankers. As of March 31, 2016, the Company owned and operated a fleet of 22 VLGCs, including 19 84,000 cubic meter (cbm) ECO-design VLGCs (ECO VLGCs) and three 82,000 cbm VLGCs. The VLGCs in its fleet had an aggregate carrying capacity of approximately 1.8 million cbm at May 26, 2016. It provides in-house commercial and technical management services for all of its vessels. As of May 26, 2016, its VLGCs included Captain Nicholas ML; Captain John NP; Comet; Corsair; Corvette; Cougar; Concorde; Cobra; Continental; Commodore; Constellation; Cheyenne; Cratis; Chaparral; Commander, and Challenger. The Company’s customers include global energy companies, commodity traders and importers.

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