Wallenius Wilhelmsen has issued a NOK 750m unsecured bond to pay off some debt.
The Norwegian ro-ro operator said proceeds will go toward debt refinance, having rebought about NOK 190m in WWI23 bonds maturing in April at 100.5% par value.
It will also be used for general corporate purposes.
The new bond, due end of September 2021, has a margin set at three-month Nibor plus 3%.
