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The full $229m for Euronav IPO

The full $229m for Euronav IPO
Euronav's initial public offering (IPO) on the New York Stock Exchange has closed, with 18.7m shares sold at $12.25 for gross proceeds of $229m.

Underwriters exercised their over-allotment option in full.

The company upsized its IPO last week, from $201.6m to $229m, and originally the company was aiming for a $100m offering when it filed papers in September 2014.

Euronav's ceo Paddy Rodgers spoke at the Marine Money conference in London yesterday, sharing his views on how as a company it is best to treat the stock market and shareholders.

TAGS: Europe