15 February 2018
Cimco Marine AB (publ) (“Cimco Marine”) issued on 12 February 2018 a senior secured fixed rate bond with a nominal amount of up to SEK 200,000,000 (or its equivalent in NOK and EUR) on the Swedish market. The bond has a 3-year maturity and a fixed rate of 10.75 per cent per annum. The bond loan proceeds will be used for refinancing of existing financial indebtedness and general corporate purposes. Cimco Marine will apply for the loan to be listed on a regulated market or MTF.
Intertrust (Sweden) AB has been appointed by Cimco Marine to act as agent for the bondholders.