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Costamare raising $98 million
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Wednesday, October 17, 2012
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The Athens-based containership chartering company Costamare Inc. said it's selling 7 million shares of stock to raise funds for capital expenditures, including vessel acquisitions and other general corporate purposes, which may include repayments of indebtedness. The company said it has priced the offering at $14 per share so that gross proceeds from the offering before the underwriting discount and other offering expenses are expected to be $98 million. Members of the Konstantako...
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