Dec 7 (Reuters) - Shawcor Ltd SCL.TO
* Says Co anticipates using net proceeds to repay outstanding revolving debt in normal course
* Underwriters to purchase on a bought deal basis and sell to public 4.6 million shares of Shawcor at a price of cdn $32.80 per common share
* Announces cdn $150 million offering of common shares Source text for Eikon: ID:nCCN5M8nYB Further company coverage: SCL.TO