Odfjell SE: Successful placement of senior unsecured bonds

Odfjell SE has successfully completed a new senior unsecured bond issue of NOK 1,000 million, carrying a coupon of 3 months NIBOR + 2.75% with quarterly interest payments.

The net proceeds shall be applied towards general corporate purposes.  

Arctic Securities and DNB Carnegie acted as global coordinators and joint bookrunners, and Danske Bank and SEB acted as joint bookrunners in connection with the placement of the bond issue. An application will be made for the bonds to be listed on Oslo Børs.

IR Contact:
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com

The Odfjell Group is one of the leading players in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids. The Odfjell fleet comprises of approx. 70 ships, which trade both globally and regionally. The tank terminal division consists of four tank terminals and is part of a network of another 10 tank terminals partly owned by related parties. The tank terminals are strategically located at selected international shipping hubs. The Odfjell Group’s headquarters are in Bergen, Norway, and the Group has offices in 13 locations around the world. Odfjell employs around 2300 staff and posted annual gross revenue of USD 1249 million in 2024. Read more on Odfjell.com. 

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.