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Nordic American Tanker Shipping files automatic shelf registration
By Laura Lutz
Des Moines, Sept. 26 - Nordic American Tanker Shipping Ltd. filed an automatic shelf registration in an F-3ASR filing with the Securities and Exchange Commission.
The registration covers common shares, preferred shares and debt securities. The securities may be structured as convertibles.
The filing includes $99,646,250 of previously registered but unsold securities.
Proceeds will be used for capital expenditures, repayment of debt, working capital, vessel acquisitions and general corporate purposes.
Nordic American is a tanker company based in Hamilton, Bermuda.
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