Aegean Marine Petroleum Network Inc. Files Initial Public Offering of Shares
18 November 2005 - 4:01AM
PR Newswire (US)
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
Company's 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.
DATASOURCE: Aegean Marine Petroleum Network, Inc. CONTACT:
Alexander Fudukidis, Breakstone Group, +1-646-452-2335, for Aegean
Marine Petroleum Network, Inc.
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