GasLog announces closing of public offering

Published by David Rowlands, Editor
LNG Industry, Thursday, 23 March 2017 09:00

GasLog Ltd has announced the closing of its public offering of US$250 million aggregate principal amount of 8.875% senior notes due 2022 at a public offering price of 100% of the principal amount.

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/

CMA CGM LNG dual-fuel container ship delivered at Hudong-Zhonghua shipyard

Monday 21 April 2025 09:30

Bureau Veritas Marine & Offshore has announced the delivery of the CMA CGM SEINE, a new 24 000 TEU LNG dual-fuel container ship, by Hudong-Zhonghua Shipbuilding.

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