Viking Supply Ships contemplating issuance of new unsecured bonds
Viking Supply Ships A/S, a subsidiary of Rederi AB Transatlantic is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in March 2017. The contemplated bond issue will have a first tranche issue amount of NOK 300 - 500 million with a borrowing limit of NOK 750 million. The net proceeds from the bonds shall be employed for investments, capital expenditures related to fleet expansion and for general corporate purposes.
For further information, please contact CFO Heléne Mellquist ph +46 (0) 31 763 2311.
Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg, Sweden and additional offices in Europe. The company is organised into two business areas: Industrial Shipping and Viking Supply Ships. The fleet consists of 62 vessels and the company has about 850 employees. The turnover in 2011 was MSEK 2 989. The Industrial Shipping business area consists of five divisions: Bulk, Container, RoRo Baltic, Short Sea Bulk and Integrated Logistics. The company’s B-shares are listed on the NASDAQ OMX Stockholm, Small Cap segment. www.rabt.se
TransAtlantic is obliged to make this information public according to the Financial Markets Act and the Financial Instruments Trading Act (Sw: lagen om värdepappersmarknaden and lagen om handel med finansiella instrument). The information was submitted for publication on February 29, 2012 at 5.15 pm.
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