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Step One Complete – Frontline 2012 Equity Sold

In an upsized offering, Frontline 2012 Ltd concluded a private placement to a small group of large institutional investors of 100 million new shares priced at $2.85/share raising gross proceeds of $285 million in excess of the original $250 million contemplated initially.

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Written by: | Categories: Freshly Minted, The Week in Review | December 22nd, 2011 |

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