Article: Norwegian Eitzen Chemical completes NOK644m private placement.

NORDIC BUSINESS REPORT-11 November 2009-Norwegian Eitzen Chemical completes NOK644m private placement(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com

11 November 2009 - Norwegian shipping company Eitzen Chemical ASA (OSL: ECHEM) said today it has raised NOK644m in a private placement, priced NOK1.25 apiece.

The subscription price was determined through a book-building process conducted by ABG Sundal Collier Norge ASA and Carnegie ASA, ...

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