DOF ASA News
DOF Subsea - successful placement of new unsecured bond issue
DOF Subsea AS, a subsidiary of DOF ASA, has successfully completed a new unsecured bond issue of NOK 900 million with maturity date in November 2023. 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 35 million in the existing bond issue DOFSUB07 (ISIN: NO 001 0670144) with maturity in March 2020 and USD 26 million in the existing bond issue DOFSUB08 (ISIN: NO0010788177).
Arctic Securities and Pareto Securities acted as managers 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