Odfjell eyes add-on offering of floating-rate notes due 2023

By Marisa Wong

Los Angeles, June 9 – Odfjell SE is planning a tap issue of its floating-rate notes due 2023, according to a notice.

Clarksons Platou, Pareto, Swedbank, Arctic Securities and DNB are the managers.

The company originally issued NOK 500 million of the notes with a coupon of three-month Nibor plus 550 basis points in September 2018 and has since issued a further NOK 200 million of the notes.

Odfjell is a shipping and tank terminal company based in Bergen, Norway.

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