UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 

 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  December 27, 2013
 


BALTIC TRADING LIMITED
(Exact Name of Registrant as Specified in Charter)

Republic of the Marshall Islands
001-34648
98-0637837
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

299 Park Avenue
12th Floor
 
10171
(Address of Principal Executive Offices)
 
(Zip Code)

Registrant’s telephone number, including area code:  (646) 443-8550

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 


 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



Item 2.01.
Completion of Acquisition or Disposition of Assets
 
On December 27, 2013, Baltic Trading Limited (the “Company”) completed the acquisition of the Baltic Lion, a 179,185 dwt Capesize vessel.  The Baltic Lion is the second vessel delivered under the terms of agreements that the Company entered into with affiliates of SK Shipping Co. Ltd. to acquire two Capesize drybulk carriers.  The Company paid a total purchase price of approximately $52.5 million for the vessel, which the Company financed with available cash and borrowings under its $44 million credit facility.
 
Attached as Exhibit 99.1 is a copy of a press release of the Company pertaining to the Baltic Lion, which is incorporated into this Item 2.01 except for the second paragraph thereof, which contains quoted remarks.

Item 9.01.
Financial Statements and Exhibits.

(d)
Exhibits:

The following exhibits are filed herewith:
 
Exhibit No.
Description
 
99.1
Press Release dated December 30, 2013.

SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, Baltic Trading Limited has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
BALTIC TRADING LIMITED
 
 
DATE:  December 30, 2013
 
 
 
 
/s/ John C. Wobensmith
 
 
John C. Wobensmith
 
President and Chief Financial Officer


EXHIBIT INDEX
 
Exhibit No.
Description
 
Press Release dated December 30, 2013.