Excercises call option on bond issue OCY 06

FRN USD 200,000,000 perpetual callable hybrid bond issue OCY06 (ISIN NO 0010861594) 

Ocean Yield AS has today notified Nordic Trustee, who is acting as bond trustee for the above-mentioned bond issue, that the Company exercises the call option in accordance with the bond agreement. 

Settlement will take place on 10 September 2024. 

Company contacts:

Andreas Røde (CEO), Tel +47 98 22 85 62

Eirik Eide (CFO), Tel +47 95 00 89 21

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 95 13 23 35

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term charters. The company has a significant contract backlog that offers visibility with respect to future earnings.