“On the road again -Just can't wait to get on the road again” – GasLog Begins Marketing
With its various iterations of the registration statements on file the Peter Livanos vehicle, GasLog Ltd. at last achieved the desired end result and began the process of marketing its IPO this week. In this final version, the company intends to sell 23.5 million shares with a price range of $16-$18 per share, which would generate gross proceeds of $399.5 million at the midpoint. In addition, the company intends to sell to insiders a further $3.7 million of shares. Post-offering, the public will own approximately 37.4% of the outstanding shares.