EXMAR Completes Tap Issue of NOK 300 mil

EXMAR Netherlands BV, a wholly owned subsidiary of EXMAR NV (EXM.BR), has completed a tap issue (second tranche on the original NOK 700 million bond issued in July 2014) of NOK 300 million in the Norwegian bond market. The total nominal amount outstanding in the bond issue will be NOK 1,000 million with maturity in July 2017.

The settlement date for the above mentioned transaction is expected to be May 12, 2015. Net proceeds from the transaction will be used to finance investments in LNG infrastructure assets and for general corporate purposes.

DNB Markets and Pareto Securities acted as Joint Lead Managers for the transaction.