Hoegh Autoliners is $152m richer after completing an oversubscribed initial public offering in Oslo.

The car carrier company's upsized bookbuilding ended on 24 November with 57.5m new shares sold, and managers DNB Markets and ABG Sundal Collier awarded a further 7.5m shares in over-allotment options.

The price of NOK 21 per share means proceeds of NOK 1.365bn