Kjell Inge Rokke-backed Ocean Yield has pulled in $95m for further growth.

Oslo-listed Ocean Yield revealed plans for a private placxement yesterday and has now printed 11,000,000 new shares at NOK 69 each.

It says the placement, handled by ABG Sundal Collier, Arctic Securities, Pareto Securities and Sparebank 1 Markets, was substantially oversubscribed.