Ocean Yield AS (“Ocean Yield” or the “Company”) has mandated Arctic Securities and Nordea, as Joint Global Coordinators together with Danske Bank and DNB Carnegie, as Joint Bookrunners to arrange a series of fixed income investor meetings commencing today, Tuesday 19 August 2025.
A new USD denominated 5-year senior unsecured floating rate bond issue may follow, subject to inter alia market conditions.
The proceeds from the potential bond issue are to be applied towards refinancing of outstanding debt, to facilitate growth and for general corporate purposes.
In connection with the potential bond issue, Ocean Yield will offer a conditional buyback of its outstanding bond with ticker OCY08 (ISIN NO0012863804).
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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.