LNG shipowner Cool Company (CoolCo) has filed for a direct listing on the New York Stock Exchange (NYSE).
In connection with a listing on the NYSE, the Eastern Pacific Shipping-led company also expects to change its ticker code on Euronext Growth Oslo from COOL to CLCO.
CoolCo CEO Richard Tyrrell commented: “By listing on the NYSE, we are expanding our investor base and providing US investors with access to CoolCo’s unique combination of attractive dividends and exposure to the fast-growing global demand for LNG transportation.”
The company has 12 ships on a fully-delivered basis and an additional option expiring by June 30, 2023, to buy two LNG carrier newbuild contracts with scheduled deliveries in Q1 2025.
