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GasLog Reports Closing of Its Public Offering and Private Placement of Common Shares and Full Exercise of Underwriters' Option to Purchase Additional...

January 27, 2014

GasLog Reports Closing of Its Public Offering and Private Placement of Common Shares and Full Exercise of Underwriters' Option to Purchase Additional Shares GasLog announced the closing of its public offering of 10,925,000 common shares (the "Public Offering"), including 1,425,000 common shares issued upon the exercise in full by the underwriters of their option to purchase additional shares. In a release on January 22 , the Company noted that the public offering price was $15.75 per share. The Company also sold 2,317,460 common shares at the public offering price in a private placement to certain of its directors and officers and one of its major shareholders (the "Private Placement"). The net proceeds from the Public Offering and the Private Placement, after deducting underwriting discounts and other offering expenses, were approximately $199 million . Citigroup Global Markets Inc. and RS Platou Markets AS acted as joint book-running managers of the offering. GasLog is an international owner, operator and manager of LNG carriers. More information: gaslogltd.com ((Comments on this story may be sent to newsdesk@closeupmedia.com ))


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