PORTLAND, Ore. (March 21, 2014) - Perkins Coie provided U.S. securities advice to  Tanker Investments Ltd. (TIL) for its $175 million Norwegian initial public offering, which included equity private placements and a concurrent listing of TIL’s common shares on the Oslo Stock Exchange.  TIL was formed by Teekay Corporation and Teekay Tankers Ltd. to buy, operate and sell modern second-hand mid-size oil tankers and completed a $250 million private placement in January, for which Perkins Coie also served as U.S. securities counsel.

The Perkins Coie team was led by Portland partner David Matheson and included Seattle partner Carl Crow, Portland associates Rose Alappat and Ellen Sheedy and Seattle senior attorney Neal Hudders.

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