Oslo over the counter (OTC) listed Navig8 Products has printed new shares worth $94.508m to help pay for its 30 newbuildings on order in South Korea and China.
Pareto Securities led the latest fundraiser, with Swedbank First Securities and Fearnley Securities as co-managers.
Navig8 Products Tankers listed on the OTC last year under the ticker EIGHT with an upsized $170m shares sale.
