Ocean Yield ASA - New hybrid bond issue - USD 125m

Ocean Yield ASA today closed a USD 125m hybrid bond issue in the Nordic market. The bond is of a perpetual nature and will be accounted for as equity on the company’s balance sheet, while paying investors a coupon of 3m L + 650 basis points.

We are proud having assisted Ocean Yield on the successful hybrid bond offering, which was placed to bluechip names. Arctic Securities congratulates on the successful transaction.

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