Euronav executives are today on the road as the tanker giant looks to raise up to $200m from the Nordic bond market.
Chief executive Paddy Rodgers says the move will allow Euronav, which is listed in both Brussels and New York, to diversify its sources of capital.
“As you know the banks are under quite a lot of pressure in terms of the new regulations that are coming in, which seem to discourage them from being involved in asset backed finance,” Rodgers said in an interview today.