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Stock Market & Financial Investment News

News Breaks
April 2, 2012
06:28 EDTDHTDHT Holdings commences backstopped equity offering to stockholders
DHT Holdings announced that it has commenced its previously announced backstopped equity offering of shares of the company's common stock and preferred stock. Pursuant to the backstopped equity offering, DHT will offer 51,785,800 shares of common stock and 258,929 shares of preferred stock only to holders of record of its common stock as of the close of business on March 29. As soon as practicable, the company will commence the mailing of an offering subscription package to Record Date Holders. DHT intends to raise gross proceeds of $72.5Mn through the backstopped equity offering and use the proceeds to prepay certain debt under its existing credit facilities and provide it with the capital to pursue vessel acquisition and other growth opportunities.
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September 16, 2014
09:11 EDTDHTDHT Holdings raises $150M in a registered direct offering
DHT Holdings announced the closing of its previously announced registered direct offering of 23,076,924 shares of its common stock at a price of $6.50 per share. DHT intends to use the net proceeds, together with the net proceeds of certain other financing, to fund its acquisition of Samco Shipholding Pte. Ltd., a private company limited by shares incorporated under the laws of the Republic of Singapore, pursuant to a share purchase agreement with the shareholders of Samco, the expansion of its fleet, its pending vessel acquisitions and shipbuilding contracts and for other general corporate purposes. RS Platou Markets, Inc. acted as lead manager and bookrunner, and RS Platou Markets AS and Fearnley Securities AS acted as placement agents.
September 10, 2014
09:17 EDTDHTDHT Holdings raises $150M in a private placement of convertible senior notes
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September 9, 2014
16:53 EDTDHTDHT Holdings proposes registered direct offering of common stock
DHT Holdings announced that it is planning an offering of shares of its common stock in a registered direct offering, subject to market and other conditions. DHT intends to use the net proceeds from the proposed offering, together with the net proceeds of certain other financing, to fund its acquisition of Samco Shipholding Ptc. Ltd., a private company limited by shares incorporated under the laws of the Republic of Singapore, pursuant to a share purchase agreement with the shareholders of Samco, the expansion of its fleet, its pending vessel acquisitions and shipbuilding contracts and for other general corporate purposes. RS Platou Markets, Inc. is acting as lead manager and bookrunner, and RS Platou Markets AS and Fearnley Securities AS are acting as placement agents.
16:31 EDTDHTDHT Holdings acquires Samco Shipholding for $317M in cash
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