MPCC: Successful Placement of USD 125 million Senior Unsecured Sustainability-linked Bond Issue
Oslo, Norway - MPC Container Ships ASA (the "Company") has today successfully completed a USD 125 million senior unsecured sustainability-linked bond maturing on October 9, 2029. The bonds will pay a coupon of 7.375 % per annum. Following a successful two-day roadshow, the bond issue attracted strong demand from a broad range of high-quality institutional investors globally. The book was significantly oversubscribed, enabling the deal to be upsized from USD 100 million to USD 125 million. Net proceeds from the bond issue will be applied towards general corporate purposes, including