OKEA ASA: Fixed Income Investor Meetings for Contemplated Senior Secured Bond - OKEA

OKEA ASA: Fixed Income Investor Meetings for Contemplated Senior Secured Bond

(Trondheim, 10 June, 2025): OKEA ASA (OSE: OKEA) (”OKEA” or the ”Company”) has mandated Arctic Securities AS, DNB Carnegie, a part of DNB Bank ASA, and Pareto Securities AS as Joint Bookrunners to arrange a series of fixed income investor meetings commencing today.

Published:
10.06.2025
Attached files:

A new 4-year senior secured bond with an initial issue amount of USD 175 million may follow, subject to inter alia market conditions. Net proceeds from the contemplated bond issue will be used for the redemption of the Company’s existing outstanding USD 125 million senior secured bond with maturity in September 2026 (ISIN NO 0013009282) (“OKEA04”) and for general corporate purposes.

Subject to successful completion of the contemplated bond issue, OKEA04 will be called in full at the prevailing call price.

This information is considered to be inside information pursuant to Regulation EU 596/2014 (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and section 5-12 of the Norwegian Securities Trading Act. The information was submitted for publication by Stig Hognestad, VP Investor Relations, OKEA ASA on 10 June 2025 at 06:00.