Nordic American Tanker (NAT -4.6%) dives following the refinancing of its credit facility...

|About: Nordic American Tankers ... (NAT)|By:, SA News Editor

Nordic American Tanker (NAT -4.6%) dives following the refinancing of its credit facility through Autumn 2017 at a total of $430M. The company has today drawn about $250M of that. Also not helping the shares is the possible Chapter 11 filing by Overseas Shipbuilding Group.