Nordic American Tankers is looking to tap the capital markets for $100m at the same time as agreeing to a new terms on its $447m credit facility.
New York-listed NAT will use cash from the offering and related financial moves for debt repayments and fleet growth, a statement says.
Morgan Stanley, Clarksons Platou Securities, DNB Markets, Skandinaviska Enskilda Banken and Seaport Global Securities are all on the ticket.
