New York
Went public 06/12/01 at $12 per share
Filing Range: 8.0 million shares at $17 to $19
Offering Size: $126 million
Post Offering Valuation: $617.0 million
Shares Outstanding: 28.0 million shares
Underwriters: Lehman Brothers/Jefferies & Co./ABN AMRO Rothschild
Company Counsel: Kramer, Levin, Naftalis & Frankel
Manager Counsel: Stroock, Stroock & Lavan
Auditor: Deloitte & Touche LLP
The Company:
Provides international seaborne crude oil transportation services.
Venture Backers:
Moore Capital Management Inc.
Oaktree Capital Management LLC
Wexford Management LLC
Financing Rounds:
Number ofRound Amt.
Round #Round DateStage Investors($ thousands)
101/01/2001 3 ExpansionN/A
Financials:
(Data in $ millions except EPS)
Y/E
12/31/00
Total Revenues $132.0
Net Income: 30.3
EPS: 1.60