STOCKHOLM, Nov. 26, 2019 /PRNewswire/ -- Ocean Yield ASA
("the Company") has successfully completed a new bond issue of
NOK 750 million, carrying a coupon of
3 months NIBOR + 4.25% p.a. with quarterly interest payments. The
bond issue attracted strong interest and was well oversubscribed.
The net proceeds from the bond issue will be used to partly
refinance existing debt, new investments and general corporate
purposes of the group.
Danske Bank, DNB Markets, Nordea, Pareto Securities and
Skandinaviska Enskilda Banken acted as joint lead managers in
connection with the placement of the new bond issue. An application
will be made for the bonds to be listed on Oslo Børs.
Company contact:
Eirik
Eide (CFO), Tel +47-24-13-01-91
Investor Relations contact:
Marius Magelie (SVP
Finance & IR), Tel +47-24-13-01-82
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SOURCE Ocean Yield