BW Offshore Limited has successfully completed a NOK 750 million senior
unsecured bond issue with maturity in March 2019. Settlement date is expected to
be 11 March 2014. The proceeds will be used for general corporate purposes.
An application will be made for the bonds to be listed on Oslo BØrs.
DNB Markets, Nordea Markets, SEB and Swedbank acted as joint lead managers for
the bond issue.
For further information, please contact:
Knut R. SÆthre, CFO, +47 9111 7876
Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322
About BW Offshore
is a leading global provider of floating production services to the
oil and gas industry. BW Offshore
is the world's second largest contractor with
a fleet of 14 FPSOs and 1 FSO represented in all major oil regions world-wide.
The company also operates additional 2 FPSOs. BW Offshore
has a long track
record on project execution and operations, as well as a robust balance sheet
and strong financial capabilities. In more than 30 years of production, BW
has executed 38 FPSO and FSO projects. The company is listed on the
Oslo Stock Exchange
. Further information is also available on www.bwoffshore.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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