CBL International Limited Announces Closing of Initial Public Offering

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Mar 28, 2023

KUALA LUMPUR, Malaysia, March 27, 2023 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL), together with its wholly owned subsidiaries (“CBL International” or the “Company”), is an established marine fuel logistic company currently focusing on the Asia Pacific region, providing one-stop solutions for vessel refueling. CBL International today announced the closing of its initial public offering (“Offering”) of 3,325,000 ordinary shares (the “Shares”) at a public offering price of $4.0 per Share.