New York-quoted SFI on Monday unveiled afollow-on equity offering in which it intends to sell six million common shares.
Based on a closing price of $16.00,which slid 5.19% to $15.17 in afterhours trading, the fundraiser could top$96m.
In a regulatory filing the Ole Hjertaker-led company said proceeds would be used to “invest innew assets within the shipping and offshore sectors and for general corporatepurposes including working capital”.
The
