KCC: Approval of prospectus and listing of additional bonds
July 01, 2024 at 12:18 pm
Share
KCC: Approval of prospectus and listing of additional bonds
01 Jul 2024 13:12 CEST
Subscribe
Issuer
Klaveness Combination Carriers
Oslo, 1 July 2024: Reference is made to the announcement made on 14 May 2024 by
Klaveness Combination Carriers ASA ("KCC" or the "Company") concerning the NOK
300 million sustainability-linked tap issue of additional bonds under the
Company's existing senior unsecured sustainability-linked bonds with maturity on
5 September 2028 and ISIN NO0013008656 (the "Additional Bonds"). The Additional
Bonds were issued under the temporary ISIN NO0013233759 (the "Temporary ISIN")
and will be converted into the original ISIN NO0013008656 (the "Original ISIN")
in relation to the listing of Additional Bonds.
The Financial Supervisory Authority of Norway has today approved a prospectus
dated 1 July 2024 (the "Prospectus") covering the listing of the Additional
Bonds on Oslo Børs. Listing of the Additional Bonds will take place once the
Additional Bonds under the Temporary ISIN have been converted into the Ordinary
ISIN. Trading in the Additional Bonds is expected to commence on or about 2 July
2024 under the ticker code "KCC05".
The Prospectus and a summary of the Prospectus can each be obtained
electronically on https://www.combinationcarriers.com/investor-relations or by
contacting KCC.
For further information, please contact:
Engebret Dahm, CEO +47 95746851
Liv Dyrnes, CFO +47 97660561
About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating eight CABU
and eight CLEANBU combination carriers with three CABU vessels under
construction for delivery in 2026. KCC's combination carriers are built for
transportation of both wet and dry bulk cargoes, being operated in trades where
the vessels efficiently combine dry and wet cargoes with minimum ballast.
Through their high utilization and efficiency, the vessels emit up to 40% less
CO2 per transported ton compared to standard tanker and dry bulk vessels in
current and targeted combination trading patterns.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
More information:
Access the news on Oslo Bors NewsWeb site
Klaveness Combination Carriers ASA published this content on
01 July 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
01 July 2024 11:17:29 UTC.
Klaveness Combination Carriers ASA is a Norway-based fleet operator. The Company owns and operates combination carriers that can switch between dry and wet cargo shipments. Its fleet consists of of 16 vessels, eight CABU vessels and eight CLEANBU vessels. The CABU (Caustic Soda-bulk) and CLEANBU (Clean Petroleum Product-bulk) vessels mainly transport Clean Petroleum Products (CPP) or Caustic Soda Solution (CSS) from refineries and production plants located in Middle East/India, Far East or United State Gulf to end users or distributors in Australia and South America, the worldâs main export hubs of dry bulk commodities. On the return voyage the combination carriers transport dry bulk commodities including alumina, bauxite, grains, salt, iron ore and coal. Klaveness Combination Carriers ASA was established in March 2018 and has offices in Oslo and Singapore.