Yesterday the Monaco-based MLP priced 8.4 million units at $21.00 a piece, which suggests the operator is poised to pocket gross proceeds of approximately $176m when the initial public offering closes on 12 May.
The company made waves on Wednesday when its share price soared 24.33% to $26.11, which caught many industry observers off guard since so many shipping stocks have plummeted in the days following their Big Apple debuts.
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