Renaissance Capital logo

Natural gas shipping company GasLog prices IPO at $14, below the range

March 29, 2012

GasLog, which owns and operates liquefied natural gas carriers for BG Group and Shell, raised $329 million by offering 24 million shares at $14, below the range of $16 to $18. GasLog will list on the NYSE under the symbol GLOG. Goldman Sachs, Citi, J.P. Morgan and UBS acted as joint bookrunners on the deal.