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Stock Market & Financial Investment News

News Breaks
March 1, 2013
05:53 EDTCPLPCapital Product reaches conditional agreement with Overseas Shipholding Group
Capital Product has reached a conditional agreement with Overseas Shipholding Group and certain of OSG's subsidiaries regarding the long term bareboat charters of three of its product tanker vessels. CPLP has conditionally agreed to enter into new charters with OSG on substantially the same terms as the prior charters but at a bareboat rate of $6,250 per day. OSG has the option of extending the employment of each vessel following the completion of the bareboat charters for an additional two years on a time chartered basis at a rate of $16,500 per day. The new charters remain subject to approval by OSG's board of directors.
News For CPLP From The Last 14 Days
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April 20, 2015
10:00 EDTCPLPOn The Fly: Analyst Upgrade Summary
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06:39 EDTCPLPCapital Product upgraded to Buy from Neutral at BofA/Merrill
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April 16, 2015
09:18 EDTCPLPOn The Fly: Pre-market Movers
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09:00 EDTCPLPCapital Product 12.8M share Spot Secondary priced at $9.53
UBS, BofA/Merrill, Wells Fargo and Raymond James acted as joint book running managers for the offering.
06:03 EDTCPLPCapital Product 12.8M share Spot Secondary re-offered at $9.53
Capital Product's 12.8M shares Spot Secondary is being re-offered at $9.53 and will be officially priced before the opening. UBS, BofA/Merrill, Wells Fargo and Raymond James are acting as joint book running managers for the offering.
April 15, 2015
16:35 EDTCPLPCapital Product announces offering of 12.8M common units
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