DOF Subsea AS contemplating new unsecured bond issue
DOF Subsea AS, a subsidiary of DOF ASA, is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in October 2015. The contemplated bond issue will have a minimum issue amount of NOK 500 million.
Net proceeds from the contemplated bond issue will be used to refinance existing bonds and for general corporate purposes.
Arctic Securities and Swedbank First Securities have been retained as arrangers of the contemplated bond issue.
For further information, please contact: CEO Mons S. Aase, tel: +47 91 66 10 12
With a multi-national workforce in excess of 3,400 personnel, DOF ASA is an international group of companies which owns and operates a fleet of modern offshore/subsea vessels, and engineering capacity to service both the offshore and subsea market. With over 25 years in the offshore business, the group has a strong position in terms of experience, innovation, product range, technology and capacity.
DOF’s core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention and diving operations primarily for the oil and gas sector. From PSV charter to Subsea engineering, DOF offers a full spectrum of top quality offshore services to facilitate an ever-growing and demanding industry.
The company's main operation centers and business units are located in Norway, the UK, the USA, Singapore, Brazil, Argentine, Egypt, Angola, and Australia.
DOF ASA is listed on the Oslo Exchange since 1997.