DOF ASA News
DOF Subsea - Successful placement of new unsecured bond issue
DOF Subsea AS has successfully completed a new unsecured bond issue of USD 175 million with maturity date in March 2022. An application will be made for the bonds to be listed on the Oslo Stock Exchange.
Net proceeds from the new bond issue will be used to refinance existing bonds and for general corporate purposes.
In connection with the placement of the new bond issue, DOF Subsea AS has repurchased bonds with nominal value of NOK 792 million in the existing bond issue DOFSUB07 (ISIN: NO 001 0670144) with maturity in May 2018.
Pareto Securities acted as manager of the new bond issue.
For further information, please contact:
Mons S. Aase, CEO - Tel: +47 91 66 10 12
Hilde Drønen, CFO - Tel: +47 91 66 10 09