Ultrapetrol (Bahamas) Limited Announces Offering of $60.0 Million Aggregate Principal Amount of Convertible Senior Notes

NASSAU, Bahamas, Dec. 20, 2010 (GLOBE NEWSWIRE) — Ultrapetrol (Bahamas) Limited (“the Company”) (Nasdaq:ULTR) announced today its intention to offer to sell, subject to market and other conditions, .0 million aggregate principal amount of its Convertible Senior Notes due 2017 (the “Notes”). The Company expects to grant the initial purchasers of the Notes an option [...] http://bit.ly/hl341q