Bonds
Documents related to bond issues
Bond terms | |||
|---|---|---|---|
Ticker | OCY03 | OCY04 | OCY05 |
Face value | NOK 1,000 million | NOK 750 million | NOK 750 million |
Repurchased | NOK 102.5 million | ||
Coupon | NIBOR + 4.00% p.a. | NIBOR + 4.50% p.a. | NIBOR + 3.65% p.a. |
Maturity | April 2020 | September 2021 | May 2023 |
Price |
Covenants | Q2 2018 |
|---|---|
Minimum Book Equity of 25% | 36.1% |
Minimum Liquidity of $ 25 Million or 3% of IB debt | $266.0 million |
EBITDA/ Interest expenses > 2.0x | 4.6x |
Documents related to Ocean Yield bond issues | |||
|---|---|---|---|
OCY03 | OCY04 | OCY05 | |
Prospectus | |||
Loan agreement | |||
Registration document | |||