Nordic American Offshore on Monday fileda prospectus in which it said it intends to raise up to $115m from the sale ofshares that will likely trade under the symbol “NAO”.
The company, whose stock is alreadyquoted on Oslo’s over-the-counter market, said the fundraiser will be backed byMorgan Stanley, Credit Suisse, JP Morgan and Pareto Securities.
If all goes according to plan a portionof the proceeds from the offering will be used to purchasea