Oslo, 22 May 2020: Reference is made to the announcement made on 30 January 2020 by Klaveness Combination Carriers ASA ("KCC") concerning the issuance of a NOK 500 million senior unsecured bond, with a NOK 700 million borrowing limit and maturity on 11 February 2025 (the "Bonds"). The Bonds are issued with ISIN No 001 0874530.
The Financial Supervisory Authority of Norway has today approved a prospectus dated 22 May 2020 (the "Prospectus") covering the listing of the Bonds on Oslo Børs. The admission to listing of the Bonds is expected to take place on 25 May 2020 under the ticker code "KCC04".
The Prospectus and a summary of the Prospectus can each be obtained electronically on https://www.combinationcarriers.com/investor-relations/#reports-presentation or by contacting KCC.
For further queries, please contact:
Engebret Dahm, CEO
Telephone +47 22 52 62 62
Liv Dyrnes, CFO
Telephone +47 22 52 61 51
About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating nine CABU and three CLEANBU combination carriers with another five CLEANBU combination carriers on order for scheduled delivery in the period 2020 - 2021. 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.