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DOF Subsea AS contemplating new unsecured bond issue

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DOF Subsea AS is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in April 2016. The contemplated bond issue will have a minimum issue amount of NOK 500 million.

Net proceeds from the contemplated bond issue will be used to refinance existing bonds and for general corporate purposes.

DnB NOR Markets, First Securities and Pareto Securities have been retained as arrangers of the contemplated bond issue.

For further information, please contact:

Mons Aase, CEO

Tel: +47 91 66 10 12

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