Exercises call option on bond issue OCY05

FRN Senior Unsecured Callable Bond Issue with maturity 25 May 2023
(ISIN NO 0010823214)

Ocean Yield AS (the “Company”) 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 17 February 2023. 

Company contacts:

Andreas Røde (CEO), Tel +47 24 13 42 45

Eirik Eide (CFO), Tel +47 24 13 01 91

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 951 32 335

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.