New York-listed DHT said it had reached agreement with investors to purchase 23,076,924 shares at a price of $6.50 per share. DHT said it would receive net proceeds of $145m after fees.The company also said it was selling $150m in senior convertible notes due in 2019 to institutional buyers. Net proceeds from the issue will also be $145m.
DHT is buying Samco for $317m and will acquire a fleet of seven VLCCs and a 50% stake in Goodwood Shipmanagement in Singapore.
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