DHT Holdings Secures Financing for Fleet Expansion

DHT Holdings, Inc. has closed its previously announced registered direct offering of 30,300,000 shares of its common stock at a price of $7.50 per share.

DHT received net proceeds of approximately $217.0 million after the payment of placement agent fees. DHT said that the company intends to use the net proceeds to fund the expansion of its fleet, its pending vessel acquisitions and shipbuilding contracts and for other general corporate purposes.

DHT Holdings, February 6, 2014

 

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