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

Link to Oslo Børs

Link to Oslo Børs

Link to Oslo Børs

 

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

Download

Download

Download

Loan agreement

Download

Download

Download

Registration document

Download

Download

Download