Partial buyback of outstanding bonds
Reference is made to the announcement on 27 November 2019 regarding Ocean Yield ASA’s (the “Company”) buyback of OCY03 (ISIN: NO0010734965) in connection with the placement of a new NOK 750 million senior unsecured bond issue. In addition to the earlier announced OCY03 buyback, the Company will repurchase NOK 55 million with settlement date on 12 December 2019. Following the bond buyback, NOK 458.5 million in nominal value of the OCY03 bonds remain outstanding with the Company holding the balance of NOK 541.5 million.