Denmark's Norden is eyeing dry cargo opportunities through its first ever bond issue.
A sale is being explored to raise $100m, two weeks after the company revealed it expects a big jump in profit this year.
The bulker and tanker owner-operator said it has brought in investment banks Pareto Securities and SEB as joint lead managers and bookrunners.
They will arrange a series of fixed-income investor calls from 16 June to drum up interest.
