Just as we were ready to publish, DHT Holdings and Teekay Tankers announced follow-on equity offerings. DHT intends to offer 8 million shares and will use the proceeds, approximately $40 million based upon today’s closing price, for general corporate purposes. The joint bookrunning managers are UBS, BofA Merrill Lynch and Citi. Dahlman Rose will act as Co-manager and Carnegie as sales agent in Scandinavia.
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Tags: · BofA Merrill Lynch, Citi, Credit Suisse, Dahlman Rose, Deutsche Bank, DHT Holdings, J.P. Morgan, Morgan Stanley, Teekay Tankers, UBS
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