Kjell Inge Rokke-backed owner Ocean Yield is eyeing further fundraising with a new bond issue.
Subject to market conditions, it said it is contemplating selling five-year unsecured notes in Oslo.
Danske Bank, DNB Markets, Nordea, Pareto Securities, and SEB are joint lead managers.
The Norwegian company said it would also consider buy-backs of its NOK 1bn ($109m) OCY03 bond due in April 2020.