Odfjell SE: Successful placement of senior unsecured bonds

20 May 2025 14:16 CEST

Odfjell SE has successfully completed a new senior unsecured bond issue of NOK
1,000 million, carrying a coupon of 3 months NIBOR + 2.75% with quarterly
interest payments.

The net proceeds shall be applied towards general corporate purposes.

Arctic Securities and DNB Carnegie acted as global coordinators and joint
bookrunners, and Danske Bank and SEB acted as joint bookrunners in connection
with the placement of the bond issue. An application will be made for the bonds
to be listed on Oslo Børs.

IR Contact:
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com

The Odfjell Group is one of the leading players in the global market for
seaborne transportation and storage of chemicals and other specialty bulk
liquids. The Odfjell fleet comprises of approx. 70 ships, which trade both
globally and regionally. The tank terminal division consists of four tank
terminals and is part of a network of another 10 tank terminals partly owned by
related parties. The tank terminals are strategically located at selected
international shipping hubs. The Odfjell Group's headquarters are in Bergen,
Norway, and the Group has offices in 13 locations around the world. Odfjell
employs around 2300 staff and posted annual gross revenue of USD 1249 million in
2024. Read more on Odfjell.com (https://www.odfjell.com/).

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

More information:
Access the news on Oslo Bors NewsWeb site