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Euronav U.S. IPO raises $229 million

Written by Nick Blenkey
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JANUARY 29, 2015 — Antwerp, Belgium, headquartered tanker giant Euronav NV yesterday raised gross proceeds of $229 million its U.S. initial public offering of 18,699,000 common shares at $12.25.

The company’s shares are now listed on the New York Stock Exchange under the ticker symbol “EURN” and at the close of the market yesterday were trading at $12.10, giving the company a market capitalization of $1.15 billion.

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