Aker ASA: Ocean Yield AS contemplating bond issue

Report this content

Ocean Yield AS, a 100% owned subsidiary of Aker ASA, is contemplating to issue asenior unsecured bond in the Norwegian credit market with maturity in July2017. The contemplated bond issue will have a minimum issue amount of NOK 500million. The net proceeds will be used to finance growth and for generalcorporate purposes.

DNB Markets and Pareto Securities are the lead arrangers of the new potentialbond issue.

Company contact:Lars Solbakken, CEO, Ocean Yield AS +47 24 13 01 90

This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Aker ASA via Thomson Reuters ONE

Subscribe