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HomeMaritime NewsRegionsAmericasGasLog to raise $96.85m from preference share offering

GasLog to raise $96.85m from preference share offering

GasLog to raise $96.85m from preference share offering
GasLog expects to raise $96.85m from the public offering of preference shares.

New York-listed GasLog is selling 4m 8.75% Series A Cumulative Redeemable Perpetual Preference Shares at a price of $25 per share.

The offering will generate net proceeds of $96.85m which the LNG carrier owner could use to fund vessel buys or other investments.

The shares are to be listed on the New York Stock Exchange.

TAGS: Europe Tankers Finance & Insurance LNG

 

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