Successful Placement of Senior Unsecured Bonds


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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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ocean-yield/r/successful-placement-of-senior-unsecured-bonds,c2973159

View original content:http://www.prnewswire.com/news-releases/successful-placement-of-senior-unsecured-bonds-300965434.html

SOURCE Ocean Yield


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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