On Tuesday, after the market closed, Aegean Marine Petroleum Network announced that it would utilize its recently effective shelf registration to issue 3,906,000 shares of its common stock in an underwritten public offering. The closing price of the shares was $32.45, which would equate to an equity raise of approximately $126 million on a gross basis. The next day, in a market roiled by news of restricted lending in China, the shares traded up $0.23 to $32.72.
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Tags: · Aegean Marine Petroleum Network, BB&T, Clarkson Johnson Rice, Dahlman Rose, Dimitris Melisanidis, Goldman Sachs, Jefferies, Lazard, Stephens, Verbeke Bunkering NV
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