T’was Two Days Before Christmas… and the Lawyers Were Busy

We begin this year as we finished last year – with a continued focus on the capital markets. Just before Christmas, Knightsbridge Tankers filed a broad shelf registration to issue up to $120 million of its common shares, preferred shares, debt securities, warrants, purchase contracts and units. Proceeds will be used for capital expenditures, working capital, vessel acquisitions, if market conditions warrant, and for general corporate purposes.

This is only an excerpt of T’was Two Days Before Christmas… and the Lawyers Were Busy

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