Brief: Okea: Contemplated Senior Secured Bond, Commitment For Revolving Credit Facility

Okea ASA

24/08/2023 07:22

Aug 24 (Reuters) - Okea ASA  OKEA.OL :
    * OKEA ASA: FIXED INCOME INVESTOR MEETINGS FOR CONTEMPLATED
SENIOR
SECURED BOND AND COMMITMENT FOR REVOLVING CREDIT FACILITY
    * NEW 3-YEAR SENIOR SECURED BOND WITH AN INITIAL ISSUE
AMOUNT OF
USD 125 MILLION MAY FOLLOW
    * HAS RECEIVED COMMITMENT FROM DNB BANK ASA FOR A NEW USD 25
MILLION SUPER SENIOR REVOLVING CREDIT FACILITY
    * RCF WILL BE PUT IN PLACE SUBJECT TO A SUCCESSFUL
REFINANCING OF
OKEA03 AND WILL HAVE A TENOR OF 2.5 YEARS

Source text for Eikon:  ID:nWkr3XPX9s 
Further company coverage:  OKEA.OL 

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