Belgium’s Euronav to float on New York stock exchange
Belgian crude oil shipping group Euronav said on Tuesday that it was going to list shares on the New York Stock exchange in a public offering worth some $175 million.
The company said it would use the net proceeds to shore up its working capital and may buy additional vessels.
The underwritten public offering is managed by Deutsche Bank, Citigroup, JP Morgan and Morgan Stanley as joint book runners and DNB, SEB and Evercore Group as senior managers.
Follow us on social media: