Aker American Shipping ASA (AKASA) reports that the bond loan of up to NOK 700 million has been closed at the maximum level of NOK 700 million. Aker ASA, the biggest shareholder of Aker American Shipping with a 53.17% ownership share, subscribed for an amount of NOK 200 million.
The NOK 700 million bond issue, arranged by Pareto Securities ASA, was oversubscribed, and Aker American Shipping is pleased to see the good interest among both Norwegian and international institutional investors. Settlement date is expected to be around February 28, 2007.
The NOK 700 million bond issue, arranged by Pareto Securities ASA, was oversubscribed, and Aker American Shipping is pleased to see the good interest among both Norwegian and international institutional investors. Settlement date is expected to be around February 28, 2007.