DOF Subsea AS Contemplating New Unsecured Bond Issue
01 February 2012
DOF Subsea AS, a subsidiary of DOF ASA, is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in October 2015. The contemplated bond issue will have a minimum issue amount of NOK 500 million.
Net proceeds from the contemplated bond issue will be used to refinance existing bonds and for general corporate purposes.Arctic Securities and Swedbank First Securities have been retained as arrangers of the contemplated bond issue.