Market Overview

Frontline Amends and Restates Equity Distribution Agreement

Frontline (NYSE: FRO) announces that it has filed with the United States Securities and Exchange Commission a prospectus supplement covering the amendment and restatement of its previously announced equity distribution agreement with Morgan Stanley & Co. LLC, ("Morgan Stanley"), under which the amount of new ordinary shares Frontline may offer and sell, at any time and from time to time through Morgan Stanley in an at-the-market offering, was increased to having aggregate sales proceeds of up to $100.0 million, from up to $40.0 million.

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Posted-In: News Guidance Offerings Global

 

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