Morgan Stanley, Credit Suisse, JP Morgan and DNB Markets acted as joint book-running managers. Global Hunter Securities acted as a co-manager for the IPO.
The underwriters bought an extra 882,352 shares, taking the number of issued shares in the PSV pure-play to 23.4m
The total capital inflow from the IPO and the overallotment is about $100m in total.
NAO has said it intends to use the net proceeds of this offering for acquisitions and general corporate purposes, including working capital.
On
