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CMRE News

Containership carveout Costamare Partners LP files for a $100 million IPO

Costamare Partners LP, a growth MLP carved out of Costamare to own four modern containerships, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. Operations The company will operate an initial fleet of four...read more

Costamare quiet period ends December 13

Costamare, a Greek owner of 41 containerships, will see its quiet period end on Monday, December 13. On November 3, the company raised $160 million by offering 13.3 million shares at $12, below the range of $15-$17. Morgan Stanley and BofA Merrill Lynch acted...read more

Containership owner Costamare prices 13.3mm shares at $12

Costamare, an old-line, family-owned Greek containership owner priced its offering of 13.3 million shares at $12, well below its proposed price range of $15-$17. The company raised $160 million in gross proceeds, which will be used for expansion of its...read more

6 IPOs planned for the week of Nov 1

The following IPOs are expected to price this week:

Costamare (CMRE), a Greek owner of 41 containerships, plans to raise $213 million by offering 13.3 million shares at a...read more