MPC Container Ships plans $100 million of five-year secured bonds

By Susanna Moon

Chicago, Sept. 7 – MPC Container Ships AS is considering the issue of $100 million of five-year senior secured bonds.

The notes would be issued through the company’s fully owned subsidiary, MPC Container Ships Invest BV, according to the company announcement.

DNB Markets and Fearnley Securities are the joint lead managers.

Proceeds will be used for acquisition of additional container vessels and for general corporate purposes.

MPC owns and operates a portfolio of container ships and is based in Oslo.

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