Books, greenshoe in Hapag-Lloyd IPO covered
By: Reuters | Oct 30 2015 at 07:13 AM | Liner Shipping
FRANKFURT - Investors have confirmed their orders for shares in Hapag-Lloyd’s initial public offering, covering the books and the greenshoe option after the German shipper adjusted the price range, a source familiar with the matter said.
“It went more quickly than expected,” the person told Reuters.
Hapag-Lloyd had earlier lowered the price range for the shares to between 20 and 22 euros.