Capital Tankers Corp. has completed the largest ever public offering for a shipping company on the Oslo Stock Exchange.
Following the increased demand, the company’s board of directors decided:
– to increase the size of the basic offering from approximately 300 million dollars to 435 million dollars and
– to increase the additional shares that may be offered from approximately 45 million dollars to 65 million dollars, bringing the total size of the public offering to 500 million.
Shareholding structure and valuation
Listing on Euronext Growth Oslo
The successful completion of the public offering paves the way for the listing of the company’s shares on the Oslo Stock Exchange, a market with a long tradition in shipping and a specialized investment community.
The proceeds of the public offering will be used for:
– financing the investment program
– working capital
– covering transaction costs
– general corporate purposes
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