Overseas Shipholding Group, one of the world's largest tanker operators, is planning a return to the New York Stock Exchange less than a year after exiting Chapter 11 bankruptcy, according to reports. On Monday, the company filed with the SEC plans to raise up to $100 million in an initial public offering. The news was first reported by the IPO specialist firm Renaissance … [Read more...]
Euronav Launches $175 Million IPO in U.S.
BRUSSELS (Reuters) - Belgian crude oil shipping group Euronav said on Tuesday that it was going ahead with its plan to list shares on the New York Stock Exchange in a public offering worth some $175 million. Euronav had announced its intention to list in September but postponed the plans in October, citing unfavourable market conditions. The company said on Tuesday that … [Read more...]
North Atlantic Drilling Commences IPO on NYSE
North Atlantic Drilling Ltd., a pure-play harsh environment offshore drilling specialist, has announced today the commencement of their initial public offering (IPO) of 13,513,514 common shares on the New York Stock Exchange under ticker (NADL). At their IPO share price of $9.25, this IPO could raise upwards of $125 million for the drilling contractor. North Atlantic … [Read more...]