IPO Company Profile
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Royal Olympic Cruise Lines
Piraeus, Greece

The company operates six passenger ships in Greece and the Mediterranean. The company operates in the Greek Islands, Turkey and Israel.

Primary Underwriting Group
ManagerTierPhone
Lazard Freres & Co.Lead Manager (212) 632-6717
Donaldson, Lufkin & Jenrette Securities Corp.Co-manager (212) 371-0641

Offering Information
NASNTL:ROCLF Transportation: SIC 4481
Type of Shares:Common Shares Filing Date:1/13/98
U.S. Shares:6,100,000 Offer Date:2/4/98
Non-U.S. Shares:0 Filing Price:$15.00
Primary Shares:6,100,000 Offer Price:$15.00
Secondary Shares:0 Gross Spread:$1.05
Offering Amount: $91,500,000 Selling:$0.62
Expenses:$0 Reallowance:$0.10
Post-IPO Shares:13,680,000

Use of Proceeds
The proceeds from the proposed offering will be used for debt repayment, to purchase a vessel, to help pay towards two ships and for working capital and for general corporate purposes.

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