Odfjell SE has successfully completed the sale of the following senior unsecured bonds in the Norwegian bond market:
A nominal amount of NOK 400 million maturing in December 2015, through a tap issue of ODF05, ISIN NO 0010664741, after which the total nominal amount outstanding in ODF05 will be NOK 600 million.
A nominal amount of NOK 100 million maturing in April 2017, through a sale of its own bond holdings in ODF04, ISIN NO 0010641715, after which the total nominal amount outstanding in ODF04 will be NOK 600 million.
The offering was significantly oversubscribed.
The settlement date for the above mentioned transactions is expected to be 25 September 2013. Net proceeds from the transactions will be used for general corporate purposes.
DNB Markets, Nordea Markets and Swedbank First Securities acted as Joint Lead Managers for the transactions.
For further information, please contact Odfjell SE:
Tom Haugen, Vice President Finance, +47 55 27 46 69
Terje Iversen, CFO, +47 55 27 47 39