The Oslo-listed shipowner sold NOK 1.25bn ($207m) of thesenior unsecured notes today having initially targeted around NOK 1bn.
As reported earlier today, the proceeds from the fundraiserwill be used to repay debt and for general corporate purposes.
The bonds mature in March 2021 and carry a coupon of threemonth nibor plus 3.35%.
However Stolt has already agreed to exchange them for USDollar denominated bonds with a fixed coupon of 5.886%.
