HAMILTON, Bermuda, Dec. 9, 2013 (GLOBE NEWSWIRE) -- Nordic American Tankers Limited (NYSE:NAT) (the "Company") announced today that, in connection with its previously announced public offering of 8,125,000 common shares at a public offering price of $8.00 per share, the underwriters exercised a portion of the option granted to them by the Company and will purchase an additional 1,018,750 common shares on the same terms on which the 8,125,000 common shares were sold to the underwriters. The common shares are being offered pursuant to the Company's effective shelf registration statement. Morgan Stanley & Co. LLC is acting as the bookrunning manager for the offering and DNB Markets Inc. and Pareto Securities Inc. are acting as co-managers of the offering.
Nordic American Tankers Limited Announces Underwriters' Exercise Of Option To Purchase Additional Shares
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