Aegean Marine Petroleum Network raised the cash pot in a bond deal Wednesday, with the New York-listed bunkers supplier now chasing nearly $173m in gross proceeds.
The company, whose chairman and largest shareholder is New York shipowner Peter Georgiopoulos, said it has added $50m to the main private offering for the convertible senior notes.
That brings principal to $150m.
Options increased, too
The initial purchasers will also have options to buy $22.5m