Contemplating issuance of senior unsecured NOK bonds
Subject to inter alia market conditions, Ocean Yield ASA (the “Company”) is contemplating the issuance of a new 5-year senior unsecured NOK bond. Danske Bank, DNB Markets, Nordea, Pareto Securities, and Skandinaviska Enskilda Banken have been mandated as joint lead managers for the potential bond issue. In conjunction with the potential bond issue, the company will consider buy backs of OCY03 (ISIN: NO0010734965) maturing in April 2020. Subject to a successful issuance of new bonds, the Company will exercise the call option in whole or in parts to repay OCY03 bonds at the prevailing call