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NAT Raises Equity for Growth

On Wednesday, after the market closed, Nordic American Tankers Ltd. announced the sale of 5.5 million common shares in an underwritten overnight public offering based upon its broad effective shelf registration dated September 28, 2009. The offering was priced today at $14.10/share, a 9.4% discount to yesterday’s closing price of $15.57/share.

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Written by: | Categories: Freshly Minted, The Week in Review | January 19th, 2012 |

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