KCC: Approval of prospectus and listing of bonds
Oslo, 20 October 2020: Reference is made to the announcement made on 2 September 2020 by Klaveness Combination Carriers ASA ("KCC") concerning a NOK 200 million tap issue of additional bonds (the "Additional Bonds") made under the Company’s existing senior unsecured bonds with maturity date 11 February 2025 and ISIN NO0010874530 (the "Bonds"). The Additional Bonds were issued under a temporary ISIN NO0010892870 (the "Temporary ISIN") and will be transferred to the Bonds' original ISIN NO0010874530 (the "Original ISIN").
The Financial Supervisory Authority of Norway has today approved a prospectus dated 20 October 2020 (the "Prospectus") covering the listing of the Additional Bonds on Oslo Børs. The admission to listing of the Additional Bonds will occur once the Additional Bonds have been transferred from the Temporary ISIN to the Original ISIN, which is expected to take place on or about 20 October 2020. The Additional Bonds will be listed under the Bonds' existing ticker code "KCC04".
The Prospectus and a summary of the Prospectus can each be obtained electronically on https://www.combinationcarriers.com/investor-relations/#reports-presentation or by contacting KCC.
For further queries, please contact:
Liv Dyrnes, CFO
Telephone +47 22 52 60 00
About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating nine CABU and five CLEANBU combination carriers with another three CLEANBU combination carriers on order for scheduled delivery in 2021. KCC’s combination carriers are built for transportation of both wet and dry bulk cargoes, being operated in trades where the vessels efficiently combine dry and wet cargoes with minimum ballast. Through their high utilization and efficiency, the vessels emit up to 40% less CO2 per transported ton compared to standard tanker and dry bulk vessels in current and targeted combination trading patterns.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
