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Diana Shipping finalises redemption of 8.50% Senior Notes due 2020

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Dry Bulk,

On 29 October 2018, Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, completed the redemption of all of its outstanding 8.50% Senior Notes due 2020 (CUSIP No. Y2066G120), in an aggregate principal amount of US$63.25 million.

The redemption price was equal to 100% of the principal amount of the Notes, or US$25.00 per Note, plus accrued and unpaid interest to, but excluding, the date of redemption.

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