Norwegian shipowner Odfjell has successfully raised extra cash from existing bonds in an improving chemical tanker market.
It had asked Arctic Securities, DNB Markets and Pareto Securities to explore the possibility of a potential tap issue worth up to NOK 300m ($32.71m).
It said later on Tuesday that it added another NOK 100m to its NOK 500m bonds maturing or June 2022 and another NOK 200m to its NOK 500m series expiring in September 2023.
