American Commercial Lines to raise extra funds by periodic shares offer

Rajesh Joshi New York - Monday 30 June 2008

AMERICAN Commercial Lines is seeking to revive its sagging fortunes with the help of $200m in fresh capital, writes Rajesh Joshi in New York.

The Nasdaq-listed operator and builder of inland waterway barges has filed a shelf registration with US regulators that equips the company to raise the amount through periodic offerings of shares or of debt ...