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FSL
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value_seeker
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20-Mar-2007 09:39
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DY of ~9%++ , I bet it will double IPO price on debut... |
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kovan8
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20-Mar-2007 06:32
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More articles on First Ship Lease Trust IPO.
First Ship Lease Trust launches IPO of 220 mln shares; 98 USD each
SINGAPORE (XFN-ASIA) - First Ship Lease Trust (FSL Trust), which operates a fleet of tanker and container ships, said it has launched its initial public offering of 220 mln shares priced at 0.98 usd each.
FSL's IPO makes it S'pore's biggest business trust
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invest&earn
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19-Mar-2007 21:43
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First Ship Lease, a ship leasing and financing company, has priced its Singapore initial public offering of a shipping trust in at US$0.98 a unit, near the upper end of the indicative price range.
The company is offering 220 million units to investors. Sources said earlier that the indicative price range was US$0.92 to US$1.00. FSL Trust will be Singapore's second shipping trust, following last May's listing of Pacific Shipping Trust, which is backed by Singapore's second-biggest shipping firm, Pacific International Lines. J.P. Morgan and Deutsche Bank are lead arrangers for the First Ship Lease IPO. -- REUTERS |
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