Troms Offshore Supply AS has today placed a new secured bond issue of NOK 500 million.
This is the first time the company has raised debt in the capital markets. The bonds will mature in April 2016 and carry a coupon of NIBOR + 5.40%. Proceeds from the bond issue will be used to refinance existing debt and for further development of the company. The settlement date for the bond issue is expected to be 11 April 2013, and an application will be made for the bonds to be listed on the Oslo ABM.
RS Platou Markets, SpareBank 1 Markets and Swedbank First Securities acted as Joint Lead Managers in the bond issue.
