BW Offshore: Successfully completed bond issue

BW Offshore: Successfully completed bond issue

ID: 239609

(Thomson Reuters ONE) -


BW Offshore Limited has successfully completed a NOK 500 million senior
unsecured bond issue with maturity in March 2018. Settlement date is expected to
be 21 March 2013. The proceeds will be used for general corporate purposes.

An application will be made for the bonds to be listed on Oslo Børs.

DNB Markets, Nordea Markets, SEB Markets and Swedbank First Securities acted as
joint lead managers for the bond issue.


For further information, please contact:
Knut Sæthre, CFO, +47 9111 7876
Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322

About BW Offshore:
BW Offshore is a leading global provider of floating production services to the
oil and gas industry. BW Offshore is the world's second largest contractor with
a fleet of 14 FPSOs and 1 FSO represented in all major oil regions world-wide.
BW Offshore has a long track record on project execution and operations, as well
as a robust balance sheet and strong financial capabilities. In more than 30
years of production, BW Offshore has executed 37 FPSO and FSO projects. The
company is listed on the Oslo Stock Exchange. Further information is also
available on www.bwoffshore.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: BW Offshore via Thomson Reuters ONE
[HUG#1685423]






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Bereitgestellt von Benutzer: hugin
Datum: 14.03.2013 - 16:35 Uhr
Sprache: Deutsch
News-ID 239609
Anzahl Zeichen: 1994

contact information:
Town:

Oslo



Kategorie:

Business News



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