American Shipping Company ASA - American Tanker, Inc.: Successfully completed bond tap issue
Lysaker, 9 April 2021 American Tanker, Inc ("ATI"), an indirectly wholly owned subsidiary of American Shipping Company ASA (OSE:AMSC, OTCQX:ASCJF) has today carried out a tap issue of USD 20 million in the senior unsecured bond due 2 July 2025 with ISIN NO0010886328 and ticker ATI02. The tap issue was made at an issue price of 101% of nominal amount. Settlement of the tap issue is expected to take place on or about 16 April 2021. Following settlement, the outstanding amount under ATI02 will be USD 220 million. The bonds will trade on a separate ISIN for up to 40 days following the