Taylor Maritime Investments To Float In $250m IPO

Taylor Maritime Investments has announced plans to float on the London Stock Exchange in an initial public offering (IPO) looking to raise $250m.
The target issue is made up of 250 million new ordinary shares at an initial issue price of $1 per share.
The new trust, which was incorporated in Guernsey on 31 March, will invest in a diversified portfolio of vessels, primarily second-hand geared ships.

According to an article published in Investment Week, Taylor Maritime Investments has...