Christian Sveaas-owned Kistefos, which has major holdings in two shipowners, has raised NOK 250m ($27.8m) in a bond issue.
The fundraiser came after the company reported that it reduced its first-half loss as a slump at Western Bulk Chartering stood out from "good growth" at its other companies in its diverse portfolio.
The Oslo investment company's tap issue adds to an existing pile of NOK 1bn in senior unsecured bonds.
