PreferredStockChannel
Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Sat, April 1, 4:22 PM
| This Slide: #480 of 609 |
Slide #480. Tsakos Energy Navigation Limited — Preferred Stock Offering
Company:
Tsakos Energy Navigation Limited (NYSE:TNP)
Date announced:
9/25/2013
Shares Offered:
2,000,000
Date of Pricing:
9/26/2013
Price Per Share:
$25
Preferred Stock Offering Details:
Tsakos Energy Navigation Limited ("TEN") (NYSE: TNP), a leading product, crude and LNG tanker operator, today announced that it plans to offer its Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares") in a public offering under its effective shelf registration statement. --updated 9/26 - Tsakos Energy Navigation Limited ("TEN") (NYSE: TNP), a leading product, crude and LNG tanker operator, today announced the pricing of its $50 million offering of 8 7/8% Series C Cumulative Redeemable Perpetual Preferred Shares in a public offering under its effective shelf registration statement at $25.00 per share. The Company has also granted the underwriters a 30-day option to purchase up to $7.5 million of additional Series C Preferred Shares.
Tsakos Energy Navigation is a holding company. Through its subsidiaries, Co. is a provider of international seaborne crude oil and petroleum product transportation services. Co. is also engaged in transporting liquefied natural gas.
Preferreds: TNP.PRB, TNP.PRC, TNP.PRD, TNP.PRE, TNP.PRF
Open the TNP Page at Preferred Stock Channel »
|
|||||||||||||||||||||
|
|
Open the TNP Page at Preferred Stock Channel (in a new window) »
 Free TNP Email Alerts:
Get Dividend Alerts 
Get SEC Filing Alerts
|
Avg. Broker Rec.
|
Strong Buy (4.00 out of 4) 78th percentile
(ranked higher than approx. 78% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com |
 |
