Newly-formed drybulk shipping company Scorpio Bulkers files for a $100 million IPO

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Scorpio Bulkers, a recently-formed drybulk shipping company, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Monaco-based company, which was founded in 2013, plans to list on the NYSE under the symbol SALT. Scorpio Bulkers initially filed confidentially on October 1, 2013. Deutsche Bank is the sole bookrunner listed in the preliminary prospectus. No pricing terms were disclosed.



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