International Seaways
INSWCompletedSpin of International Seaways (INSW)
- Distribution date
- 1 Dec 2016
- Structure
- Spin-off
- Parent
- Overseas Shipholding Group (OSG)
- Spin-off ticker
- INSW
- 2-year mark
- 1 Dec 2018
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
1 Dec 2016100%1 Dec 2018
Source documents
- Press releaseCompletion release (12/01/16)
- PresentationInvestor day presentation (12/16)
- Information statementInformation statement
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