Golden Ocean Private Placement of 338m

Arctic Securities acted as Joint Global Coordinator and Joint Bookrunner in relation to the Private Placement in Golden Ocean Group Limited with a total transaction size of USD 338 million.

Arctic Securities acted as Joint Global Coordinator and Joint Bookrunner in relation to the Private Placement in Golden Ocean Group Limited with a total transaction size of USD 338 million. The proceeds from the transaction will be used for the acquisition of 18x dry bulk vessels consisting of 10x Newcastlemax built 2019-21 and 8x Kamsarmaxes built 2020-21 from affiliates of Hemen, in addition to working capital and general corporate purposes. We are grateful for the vote of confidence and congratulate on the successful transaction.

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