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Crude Carriers quiet period ends April 20

April 15, 2010
CRU

Crude Carriers, a shipping company formed by Capital Maritime to acquire crude tankers, will see its quiet period end on Tuesday, April 20th. On March 11th, the company raised $257 million by offering 13.5 million shares at $19, at the low end of its $19-$21 range. UBS Investment Bank, BofA Merrill Lynch and Wells Fargo Securities acted as lead managers on the deal.