GasLog expects to raise $96.85m from the public offering of preference shares.
New York-listed GasLog is selling 4m 8.75% Series A Cumulative Redeemable Perpetual Preference Shares at a price of $25 per share.
The offering will generate net proceeds of $96.85m which the LNG carrier owner could use to fund vessel buys or other investments.
The shares are to be listed on the New York Stock Exchange.