KDM Shipping Public Limited (WSE:KDM) announced a private placement of 2,700,000 shares on May 22, 2013. The transaction will include participation from institutional investors and existing investor Konstantin Molodkovets who will subscribe for 2,000,000 shares.

On June 19, 2013, KDM Shipping Public Limited closed the transaction. The company issue 2,000,000 shares at PLN 30 per share for gross proceeds of PLN 60,000,000. UniCredit CAIB Poland S.A. served as global coordinator and Jaspen Capital Partners acted as joint manager. Ukrsotsbank acted as financial advisor to global coordinator and Baker&McKenzie acted as legal advisor to global coordinator.