GasLog announces closing of public offering
Published by David Rowlands,
Editor
LNG Industry,
GasLog claims that the net proceeds from the offering, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately US$245 280 750. The company is planning to use the net proceeds from the offering for the repayment of debt, as well as general corporate purposes, including working capital.
DNB Markets Inc. and Stifel, Nicolaus & Co. Inc. acted as joint book-running managers and structuring agents of the offering. Arctic Securities LLC, DVB Capital Markets LLC and Pareto Securities Inc., meanwhile, acted as co-managers of the offering.
Read the article online at: https://www.lngindustry.com/lng-shipping/23032017/gaslog-announces-closing-of-public-offering/
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