Exmar to meet with investors on bond issue

Image courtesy of Exmar

Belgium’s Exmar, the Nicolas Savery-led shipowner is organizing investor meetings to gather support for a bond offering.

The Antwerp-based company said Tuesday it has mandated DNB Markets, Pareto Securities, Nordea Bank Norge and Skandinaviska Enskilda Banken to organize a series of fixed income investor meetings starting on Wednesday.

Exmar plans to refinance its outstanding 1 billion Norwegian crowns ($117.9m) senior unsecured bond maturing in July 2017.

“A senior unsecured bond offering with up to a 3-year tenor may follow, subject to inter alia market conditions,” it said.

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Posted on May 16, 2017 with tags .

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