Contemplated unsecured bond tap issue

03 Mar 2025 07:30 CET

Following the successful USD 35 million hybrid bond tap issue announced Friday
28 February 2025, Ocean Yield AS ("Ocean Yield" or the "Company") has mandated
Arctic Securities and Nordea as Joint Bookrunners to investigate a potential tap
issue of the Company's outstanding senior unsecured bond issue due 19 September
2028 with ISIN NO0013013813.

Net proceeds from the contemplated unsecured bond tap issue shall be applied
towards general corporate purposes.

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Company contacts:

Andreas Røde (CEO), Tel +47 98 22 85 62

Eirik Eide (CFO), Tel +47 95 00 89 21

Investor Relations contact:

Karl Fredrik Schjøtt-Pedersen (SVP Finance & Investor Relations), Tel +47 95 13
23 35

Company information:

Ocean Yield AS is a ship owning company with investments in vessels on long-term
charters. The company has a significant contract backlog that offers visibility
with respect to future earnings.

More information:
Access the news on Oslo Bors NewsWeb site