Greek shipowner GasLog expects to add between $351 million and $396 million to its newbuilding cash pile from a just-launched initial public offering in New York.
The Peter Livanos-led company, which based the estimate on a target share price of $16 to $18, said the new funds will add to $1.13 billion of debt financing for its LNG carrier newbuildings, a US Securities and Exchange Commission filing shows.
GasLog
