Syntroleum files $250 million shelf covering debt, preferreds, stock

By Devika Patel

Knoxville, Tenn., May 14 - Syntroleum Corp. filed a $250 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, preferred stock, common stock, depositary shares, warrants, rights and stock purchase contracts.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Based in Tulsa, Okla., Syntroleum is focused on constructing a plant that produces diesel and jet fuel from low-grade fats and greases.

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