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Ocean Yield may issue five-year bonds in Nordic market
New York, Sept. 12 – Ocean Yield ASA said it is considering issuing new bonds due September 2021 in the Nordic bond market.
Danske Bank, DNB Markets, Nordea Markets, Pareto Securities and Skandinaviska Enskilda Banken AB were named as joint lead managers.
Proceeds would be used to refinance existing debt from controlling shareholder Aker ASA, to finance further growth and for general corporate purposes, according to a company announcement.
Ocean Yield is a Lysaker, Norway owner of ships in the oil service and industrial shipping sectors.
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