Farstad Shipping ASA - Successful placement of new bond issue
(Thomson Reuters ONE) -
Farstad Shipping ASA has successfully completed a NOK 400 million Senior
Unsecured bond issue with expected maturity date on 15 February 2017.
Settlement date is expected to be 15 February 2012. An application will be made
for listing of the bond on Oslo Stock Exchange as soon as possible.
The net proceeds of the loan will be used for general corporate purposes.
DNB Markets was Sole Arranger of the new bond issue.
Contacts for further information:
CEO Karl-Johan Bakken - tel. +47 901 05 697
CFO Torstein Stavseng - tel. +47 911 07 001
Farstad Shipping's fleet currently consists of 56 vessels (32 AHTS, 21 PSV and
3 SUBSEA) and 6 PSV and 2 AHTS under construction. The company's operations are
managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, Macaé and Rio de
Janeiro with a total of 1970 employees engaged onshore and offshore. The
company's strategy is to be a leading quality provider of large, modern offshore
service vessels to the oil industry. The company maintains a long-term charter
profile for the fleet.
www.farstad.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Farstad Shipping ASA via Thomson Reuters ONE
[HUG#1580483]
Unternehmensinformation / Kurzprofil:
Datum: 26.01.2012 - 16:56 Uhr
Sprache: Deutsch
News-ID 108308
Anzahl Zeichen: 1967
contact information:
Town:
Ã…lesund
Kategorie:
Business News
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"Farstad Shipping ASA - Successful placement of new bond issue"
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