Norway’s Ocean Yield to hold investor meetings for hybrid bond issue

Chicago, Aug. 19 – Ocean Yield ASA is contemplating a dollar-denominated perpetual callable hybrid bond issue, according to a company notice.

Arctic Securities AS, DNB Markets, Nordea Bank, Pareto Securities AS and Skandinaviska Enskilda Banken AB will hold a series of fixed income investor meetings starting on Aug. 21.

Proceeds will be used for new investments and general corporate purposes.

Ocean Yield is a Lysaker, Norway, owner of ships in the oil service and industrial shipping sectors.

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