Yinson Successfully Places US$500 Million Senior Bond In The Nordic Bond Market

Yinson Production Offshore Pte. Ltd. successfully places USD 500 million senior secured bond issue with a 5-year tenor and a fixed coupon of 9.625% per annum in the Nordic bond market.

This bond issue marks the debut of Yinson Production in the international capital markets. The net proceeds from the bond issue will be used to refinance Yinson Production’s existing corporate loan and for general corporate purposes. An application will be made for the bond to be listed on Oslo Børs in due course.

DNB Markets and Pareto Securities acted as Joint Bookrunners and ABG Sundal Collier acted as Joint Lead Manager in connection with the bond issue.

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