Klaveness Ship Holding AS – successful placement of new senior unsecured bond issue
Klaveness Ship Holding AS (“Klaveness”) has successfully completed a new senior unsecured bond issue of NOK 300 million, with a borrowing limit of NOK 500 million, and a maturity date in May 2021 with a coupon rate of 3 month NIBOR + 5.25%. An application will be made for the bonds to be listed on the Nordic ABM.
Net proceeds from the new bond issue will be used for general corporate purposes and refinancing of Klaveness’ existing bond issues KSH01 PRO and KSH02 PRO.
Danske Bank Markets, DNB Markets and Pareto Securities acted as joint lead managers in connection with the placement of the new bond issue.