The net proceeds from the contemplated bond issue will be used for general corporate purposes, including part refinancing of existing bonds and potential future growth opportunities.

DNB Markets and Nordea Markets acted as joint lead managers in connection with the placement of the new bond issue.

An application will be made for the bonds to be listed on Oslo Børs.

For further information, please contact:

Terje Iversen, CFO/SVP Odfjell SE
Tel: +47 55 27 00 00
terje.iversen@odfjell.com

Tom A. Haugen, VP Finance
Tel. +47 55 27 00 00
tom.haugen@odfjell.com

Odfjell SE published this content on 08 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 September 2016 04:06:05 UTC.

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