EXMAR: Successful placement of new unsecured bond issue
Reference is made to the announcement made 2 May 2019. EXMAR Netherlands BV, a fully owned subsidiary of EXMAR NV, has successfully completed a new unsecured bond issue of NOK 650 million with a coupon of 3 months NIBOR plus 8.75% p.a. and with maturity date in May 2022 (EXMAR02). In conjunction with the bond issue, EXMAR will repurchase NOK 104 million and approximately USD 1.8 million of the EXMAR01 bond issue maturing in July 2019 (ISIN NO 0010714512 and NO 0010801442).
DNB Markets, Nordea and Pareto Securities AS acted as joint lead managers in the placement of the new bond issue. An application will be made for the bonds to be listed on Oslo Børs.