Dry bulk shippping company Quintana files for a $100 million IPO
Quintana Shipping, which owns and operates a fleet of nine drybulk vessels, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The Athens, Greece-based company, which was founded in 2010 and booked $31 million in sales for the year ended December 31, 2013, plans to list on the NYSE under the symbol QSP. Quintana Shipping initially filed confidentially on February 7, 2014. Morgan Stanley, Deutsche Bank and Jefferies are the joint bookrunners on the deal. No pricing terms were disclosed.