Floatel International Ltd: Fixed Income Investor Meetings

Oslo, March 13, 2024

Floatel International Ltd has mandated DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS to arrange a series of fixed income investor meetings commencing March 14, 2024. A new 5-year amortizing Senior Secured Bond of USD 350 million may follow, subject to inter alia market conditions. Net proceeds from the contemplated bond issue will be used to refinance all existing outstanding bonds and general corporate purposes.

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