SKÄRHAMN, Sweden--(BUSINESS WIRE)--Regulatory News:
Viking Supply Ships A/S (STO:RABTB), a subsidiary of Rederi AB TransAtlantic is pleased to announce that it has raised NOK 300 million in new unsecured bonds in the Norwegian bond market with maturity in March 2017. The bonds have a borrowing limit of NOK 750 million. The net proceeds from the bonds shall be employed for investments, capital expenditures related to fleet expansion and for general corporate purposes.
RS Platou Markets AS and Swedbank First Securities acted as Joint Lead Managers and bookrunners in the bond offering.
Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg, Sweden and additional offices in Europe. The company is organized into two business areas: Industrial Shipping and Viking Supply Ships. The fleet consists of 62 vessels and the company has about 850 employees. The turnover in 2011 was MSEK 2 989. The Industrial Shipping business area consists of five divisions: Bulk, Container, RoRo Baltic, Short Sea Bulk and Integrated Logistics. The company’s B-shares are listed on the NASDAQ OMX Stockholm, Small Cap segment. www.rabt.se
TransAtlantic is obliged to make this information public according to the Financial Markets Act and the Financial Instruments Trading Act (Sw: lagen om värdepappersmarknaden and lagen om handel med finansiella instrument). The information was submitted for publication on March 22, 2012 at 03.30 pm.
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