The pure-play PSV operator has priced the sharesat $16 each which is at the bottom of its indicated range.
The company is selling 5.8mshares and has also granted the underwriters a 30-day option to purchase up to 882,352additional shares.
NAO said the net proceedsfrom the offering will be about $87m, which will increase by a further $13.2m ifthe underwriter options are exercised.
Shares
