Successful placement of new senior secured bond issue

Reference is made to the press release dated 7 September 2017. MPC Container Ships Invest B.V., a wholly owned subsidiary of MPC Container Ships AS, has today successfully completed the issuance of a new senior secured bond issue of USD 100 million.

Reference is made to the press release dated 7 September 2017. MPC Container Ships Invest B.V., a wholly owned subsidiary of MPC Container Ships AS, has today successfully completed the issuance of a new senior secured bond issue of USD 100 million. The bond issue has a 5 year tenor, carries a floating interest rate of 3m LIBOR + 4.75% and has a borrowing limit of USD 200 million. The bond issue received strong demand and was oversubscribed.

The net proceeds from the bond issue will be used to finance acquisitions of additional container vessels and for general corporate purposes.

DNB Markets and Fearnley Securities acted as joint lead managers for the bond issue.

Further information and contact: ir@mpc-container.com