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After successfully completing a follow-on offering in February, in which it sold 5.8 million units and raising $48.8 million, Capital Product Partners on Monday announced its intention to offer an additional 5.5 million units with a green shoe of 825 thousand units. Proceeds of the offering will be used to acquire the M/T Assos, an MR product tanker, for $43.5 million from its sponsor, Capital Maritime.

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Written by: | Categories: Freshly Minted, The Week in Review | August 12th, 2010 |

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