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Omega Navigation files $175 million shelf
By Devika Patel
Knoxville, Tenn., Nov. 5 - Omega Navigation Enterprises, Inc. filed a $175 million shelf registration in an F-3 filing with the Securities and Exchange Commission.
The registration covers common shares, preferred shares, debt securities, warrants, purchase contracts and units. Securities may be convertible.
Proceeds will be used to make vessel acquisitions and for capital expenditures, repayment of debt, working capital and general corporate purposes.
Piraeus, Greece-based Omega Navigation transports dry cargo products and crude and refined petroleum products.
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