Cadeler A/S And Eneti Inc. Announce Extension of the Share Exchange Offer for All Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023, Eneti Also Revealed New Loan Facility
Portfolio Pulse from Benzinga Newsdesk
Cadeler A/S and Eneti Inc. have announced an extension of the share exchange offer for all outstanding shares of Eneti Inc. until December 14, 2023. Additionally, Eneti has disclosed a new loan facility, details of which were not provided in the article.
December 08, 2023 | 1:03 pm
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Eneti Inc. has extended its share exchange offer with Cadeler A/S to December 14, 2023, and has announced a new loan facility.
The extension of the share exchange offer may indicate ongoing negotiations or a strategy to gather more shareholder support, which could be viewed positively by the market. The new loan facility could provide Eneti with additional financial flexibility, potentially improving its financial position and investor sentiment in the short term.
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