TheMaster Limited Partnership (MLP) spin-off is offering 8.4m shares in a movethat will raise gross proceeds of $176m.

Afurther $26.5m could be raised if the underwriters opt to exercise an option topurchase up to 1.26m additional shares.

Citigroup,Credit Suisse, Wells Fargo, Barclays, Evercore and UBS are joint book-runningmanagers and Deutsche Bank and DNB Markets are as co-managers for the offering.

GasLog said it will retain 1.4m