Marinakis upsizes Oslo deal amid hot tanker interest
- Greek owner will hold 73.7% of listed company through Capital Maritime, with remaining shares to be held by about 900 outside investors including a small retail tranche
- Shares in new tanker offshoot expected to start trading on Norwegian market on March 17
- Capital appoints Fearnleys and Pareto for initial private placement to raise $345m
- Aim is to begin trading on Euronext Oslo Børs about mid-March
Capital Tankers’ $500m initial private offering was covered by investor applications ‘multiple times’
