Novatek plans to offer up to 19% of its shares in the public placement to raise up to $966 million, with an initial 17% this week and a possible "greenshoe" option at its bankers' discretion for the rest a month later.
"The book is extremely well covered throughout the price range," said one source close to the offering, adding that the book was closed except in Frankfurt, where the roadshow will continue until 1700 GMT today.
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