Aegean Marine Petroleum Network Inc. Files Initial Public Offering of Sharestitle
ATHENS, Greece, Nov. 17 /PRNewswire/ -- Aegean Marine Petroleum Network,
Inc., an independent physical supplier and marketer of refined marine fuel and
lubricants to ships in port and at sea, today announced that it has filed a
registration statement with the Securities and Exchange Commission for a
proposed initial public offering of 10,000,000 shares of its common stock. In
addition, the Company has granted the underwriters an option to purchase up to
an additional 1,500,000 shares of common stock at the initial public offering
price to cover over-allotments. The initial offering price is expected to
range between $14.00 and $16.00 per share. The Companys common stock has been
approved for listing on the New York Stock Exchange under the symbol "ANW".
The lead managing underwriter for the offering is Bear, Stearns & Co.
Inc., which is acting as the sole book-runner for the offering, Johnson Rice &
Company L.L.C. and Simmons & Company International act as co-managers.
When available, copies of the prospectus relating to the offering may be
obtained from the offices of Bear, Stearns & Co. Inc. at 383 Madison Avenue,
New York, New York 10179, Attention: Prospectus Department
(Tel: (631) 254-7129).
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. This communication
shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
