The joint venture of energy companies GDF Suez, Total andprivate equity firm Hellman & Friedman will sell 13.5 million shares atbetween EUR 41 and EUR 50 each to raise up to EUR 675m ($925m).

Philippe Berterottiere, CEO of GTT, said: “This IPO is animportant milestone for GTT and the pursuit of its growth strategy.

“The upcoming listing will raise our profile and contributeto strengthening our position as a world leader and expert in LNG shipping, andsupport our ambition to grow in new key sectors of the LNG industry.”

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