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

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.
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