The Peter Livanos and Marc Saverys backed company is seeking to raise $100m from its US offering, a preliminary SEC filing said.
Reaction to last night’s announcement was positive with Euronav gaining 1.21% to EUR 9.435 ($12.16) per share by mid-morning.
Fearnley Securities analyst Jan Andreas Naess said: “With completion of a successful US IPO, we believe Euronav has potential to become one of the preferred bets on a recovery in the crude tanker space, given its large fleet of sailing vessels.”
A
