• BIST 107.202
  • Altın 145,447
  • Dolar 3,5161
  • Euro 4,1312
  • İstanbul 23 °C
  • Ankara 17 °C

OSG follow-on issue nets $159m

OSG follow-on issue nets $159m
Overseas Shipholding Group has confirmed it received net proceeds of $158.6m via a follow-on share offering that closed in New York at $45.50 a share.

OSG follow-on issue nets $159m.

Overseas Shipholding Group has confirmed it received net proceeds of $158.6m via a follow-on share offering that closed in New York at $45.50 a share.

Announced last Thursday, the issue of 3.5m shares is ostensibly designed to enable the New York tanker major to strengthen its balance sheet, including repayment of an unspecified amount of debt.

The company's annual results for 2009, released at the end of February, had revealed that it had a cash balance and short-term liquidity of $525m, and a total war chest of $1.6bn.

www.turkishmaritime.com.tr

This news is a total 1775 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |