Star Bulk pushes back $224M in loans by two years, launches equity raise

• Star Bulk Carriers (NASDAQ:SBLK) -4.7% AH after reporting a slightly larger than expected Q2 loss and announcing a $51.5M common stock offering to be used for general corporate purposes.
• SBLK also says it reached an agreement with its lenders to defer all debt repayment, totaling $223.9M, for 25 months to June 30, 2018 and to waive or substantially relax the financial covenants of its debt facilities until year-end 2019.