Norway’s Ocean Yield buys back bonds from two series

By Mary-Katherine Stinson

Lexington, Ky., March 9 – Ocean Yield ASA repurchased notes from two series in connection with the company’s new senior bond issuance, according to a company notice.

The company repurchased NOK 292.5 million of outstanding bonds with ticker OCY07 (ISIN: NO0010869720) and $37.7 million of outstanding bonds with the ticker OCY06 (ISIN: NO0010861594).

Arctic Securities AS, Danske Bank, Nordea Bank Abp, filial i Norge and Skandinaviska Enskilda Banken AB (publ) acted as joint lead managers for the transaction.

Ocean Yield is a Lysaker, Norway-based owner of ships in the oil service and industrial shipping sectors.

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