DHT Suspends Bond But Buys Ship

An ability to bounce back is a characteristic to be admired and DHT Holdings Inc. demonstrated that capacity this week. Having announced back on March 7th, the company’s intention to offer an unsecured bond loan in the Norwegian market, the company announced last Friday that it had decided to suspend the effort due to market conditions. It certainly comes as no surprise, due to the horrible devastation that occurred in Japan and the resulting uncertainty that followed, which had the markets behaving as a pinball machine.

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