http://www.marine-money.com The Ship Finance Publication Of Record Mon, 16 Jan 2012 04:04:51 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http://www.marine-money.com/archive/k-sea-too http://www.marine-money.com/archive/k-sea-too#comments Thu, 13 Aug 2009 15:51:30 +0000 carisk http://marine-money.com/?p=6202 K-Sea Transportation Partners (“K-Sea”) announced a public follow-on offering of 2.9 million of its common units and a green shoe of 435 thousand shares utilizing its existing shelf registration. The shares were priced at $19.15, a 6.6% discount to the prior day’s close at $20.51. Of the net proceeds of $52.9 million, exclusive of the green shoe, approximately $47 million will be used to repay indebtedness under the company’s revolver, which currently has $139.9 million outstanding and the remainder will be used to make construction progress]]> http://www.marine-money.com/archive/k-sea-too/feed 0