New York-quoted TOO on Wednesday priced7.4 million units and 1.1 million overallotments at $27.45, which means the exercisecould top $235.3m when the dust settles.
When the tanker and floating storagespecialist filed a prospectus at Tuesday's close, it was planning to offload7 million units and 1.05 million overallotments.
Yesterday, the stock ended the day at $28.76 before plummeting 4.73% to $27.40 inafterhours trading and continued to lose traction this morning, slipping 5.11%to
