Home THE DAILY EDGE Business STX OSV sets $0.79-$1.13 range for Singapore IPO-IFR
STX OSV sets $0.79-$1.13 range for Singapore IPO-IFR

Tags: DBS | Goldman Sachs | STX Offshore

Written by Reuters   
Tuesday, 19 October 2010 15:43
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Offshore service firm STX Offshore and Specialised Vessels (STX OSV), which is part of South Korea’s STX group, will raise up to $665.5 million from its upcoming Singapore IPO, IFR reported on Tuesday.

The firm has set an indicative price of between $0.79 and $1.13 a share for the listing which is expected to take place on Nov 11.
 
Goldman Sachs <GS.N> is sole global co-ordinator and bookrunner. It is also joint lead manager and underwriter with Nordea. RBS <RBS.L> is co-lead manager and underwriter, and DBS <DBSM.SI> is coordinator of the Singapore public offer. 
 
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STX OSV sets $0.79-$1.13 range for Singapore IPO-IFR
Tuesday, 19 October 2010

Last Updated on Tuesday, 19 October 2010 15:45