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2014 August 26   17:31

Prosafe SE contemplates bond issue

Prosafe SE is contemplating to issue a senior unsecured bond in the Norwegian bond market maturing in September 2019. The purpose of the contemplated bond is refinancing of existing debt and for general corporate purposes, the company said in its press release.

Danske Bank Markets, Pareto Securities and Swedbank are acting as Joint Lead Managers for the issuance.

Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 245.1 million in 2013 and net profit was USD 199.1 million. The company operates globally, employs 650 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS.

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