Brief: Odfjell: Successful Placement Of New Unsecured Sustainability-Linked Bond

Odfjell SE

14/01/2021 12:39

Jan 14 (Reuters) - Odfjell SE  ODF.OL :
    * ODFJELL SE: SUCCESSFUL PLACEMENT OF NEW UNSECURED
SUSTAINABILITY-LINKED BOND
    * COMPLETED A NEW SUSTAINABILITY-LINKED SENIOR UNSECURED
BOND
ISSUE OF NOK 850 MLN WITH MATURITY DATE JANUARY 21
    * BOND CARRIES A COUPON OF THREE-MONTH NIBOR PLUS 5.75% P.A.
WITH
QUARTERLY INTEREST PAYMENTS
    * ISSUE WAS SUBSTANTIALLY OVERSUBSCRIBED
    * USE OF PROCEEDS WILL BE REFINANCING OF EXISTING BONDS AND
FOR
GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nWkr577Klg 
Further company coverage:  ODF.OL 

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