COPENHAGEN, March 24 An initial public offering
(IPO) by Danish ship fuel supplier OW Bunker IPO-OWBT.CO is
fully subscribed throughout the price range of 120-150 Danish
crowns ($22.16-$27.70) per share, two sources familiar with the
matters said on Monday.
"We have seen great interest from both retail and
institutional investors," one source said.
The firm, planning to complete its initial public offering
(IPO) and listing in Copenhagen by April 2 at the latest, said
last week it hoped to raise 110 million Danish crowns ($20.5
million) from selling new shares, in part to pay down debt.
Main shareholder private equity company Altor has said it
could also raise as much as 3.2 billion crowns if it sells the
maximum amount of existing shares under consideration at the top
($1 = 5.4161 Danish Crowns)
(Reporting by Ole Mikkelsen; editing by Keiron Henderson)