OKEA ASA: Fixed Income Investor Meetings for Contemplated Senior Secured Bond and Commitment for Revolving Credit Facility
(Trondheim, 24 August, 2023): OKEA ASA (OSE: OKEA) (the “OKEA” or the “Company”) has mandated DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS as Joint Lead Managers and Joint Bookrunners and Fearnley Securities AS as Co-Manager to arrange a series of fixed income investor meetings commencing tomorrow.A new 3-year senior secured bond with an initial issue amount of USD 125 million may follow, subject to inter alia market conditions. Net proceeds from the contemplated bond issue will, together with cash on balance sheet, be used to repay the Company’s outstanding USD 120 million