Songa Offshore SE has successfully completed a 3 year senior unsecured bond
issue of NOK 750 million. Net proceeds from the bond issue will be used for
refinancing of existing bonds and general corporate purposes. The bonds will
have a floating rate coupon of 6 month NIBOR + 7.75%. Settlement date for the
bond issue is expected to be 11 June 2012. An application will be made for the
bond issue to be listed on the Oslo Stock Exchange.
Pareto Securities AS, SEB and Swedbank First Securities acted as Joint Lead
Managers for the bond issue.
Limassol, 1 June 2012
Board of Directors
Songa Offshore SE
Questions should be directed to:
Geir Karlsen, CFO +47 23 01 14 24 / +47 91 60 83 32
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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Source: Songa Offshore SE via Thomson Reuters ONE
[HUG#1616826]
