Oslo, March 22, 2024
Floatel International Ltd has today successfully placed a new senior secured bond issue of USD 350 million, carrying a coupon of 9.75%. Net proceeds from the bond issue will be used to refinance all existing outstanding bonds and general corporate purposes.
DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS acted as Joint Bookrunners for the bond issue. An application will be made for the bonds to be listed on Oslo Børs.
For further information, please contact:
Peter Jacobsson, CEO
Tel: +47 46 50 01 33; Mob: +47 934 00 232
Tomas Hjelmstierna, CFO
Tel: +47 46 50 01 33; Mob: +47 934 00 381