Odfjell Completes USD 61 Mn Bond Issue

Image Courtesy: Odfjell

Norwegian shipping and tank terminal company Odfjell SE has completed a new unsecured bond issue of NOK 500 million (USD 61 million).

The company said that the bond issue, which has a maturity date in September 2019, was significantly oversubscribed.

The net proceeds from the contemplated bond issue, announced on September 7, will be used for general corporate purposes, including part refinancing of existing bonds and potential future growth opportunities, Odfjell added.

DNB Markets and Nordea Markets 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.

Share this article

Follow World Maritime News

Posted on September 9, 2016 with tags .

In Depth>

Events>

<< Jul 2017 >>
MTWTFSS
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Global Liner Shipping Asia Conference

Fight. Survive. Thrive. Respond to challenges of consolidation & disruption at the largest gathering of container shipping industry in Asia…

read more >

Bunkering Week 2017

IBC’s biennial Bunkering Week is back with its successful series of 3 co-located events: 8th Bunkering in Asia, 4th LNG Bunkering and EMTECH: Ship Emissions Technology Conference. With a proven track record of bringing together top decision makers from various industry sectors, this remains the go to event for ship owners, fuel suppliers, traders and […]

read more >

Indonesia Marine & Offshore Expo (IMOX) 2017

Indonesia Marine & Offshore Expo (IMOX) 2017, Batamis an international maritime and offshore industrial event that brings an international…

read more >

Salvage & Wreck Asia

Could your business be affected by shipwreck? Are you a salvage professional or a wreck removal expert? …

read more >