American Shipping Company (AMSC) is exploring its options in respect of refinancing its existing unsecured bond maturing in February 2018.
The Oslo-listed company has hired Arctic Securities, Clarksons Platou Securities, Pareto Securities and SEB as its financial advisors.
AMSC’s executives Pal Lothe Magnussen and Morten Bakke told TradeWinds the bond is 93% owned by Ocean Yield and the financing need is around $218m.
They
