Source - GNW

Odfjell SE has successfully completed a new unsecured bond issue of NOK 500 million with maturity date in September 2019. The bond issue was significantly oversubscribed.

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

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.

For further information, please contact:

Terje Iversen, CFO/SVP Odfjell SE
Tel: +47 55 27 00 00
[email protected]

Tom A. Haugen, VP Finance
Tel. +47 55 27 00 00
[email protected]

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Odfjell SE via Globenewswire