Reference is made to the stock exchange notice 8 March 2023 regarding Ocean Yield AS’ issuance of new senior unsecured bonds. In conjunction with the new bond issue, Ocean Yield AS has repurchased NOK 292.5 million of outstanding bonds with ticker OCY07 (ISIN: NO0010869720) and USD 37.7 million of outstanding bonds with ticker OCY06 (ISIN: NO0010861594).
Arctic Securities AS, Danske Bank, Nordea Bank Abp, filial i Norge and Skandinaviska Enskilda Banken AB (publ) acted as Joint Lead Managers for the transaction.
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
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.