Chemical tanker specialist Stolt-Nielsen has become the third Norwegian shipowner to raise bond cash in Oslo in the last two weeks.
The company said it had sold NOK 1.3bn ($140m) of unsecured debt maturing in February 2024 in a move that reinforces owners' views that there is growing investor interest in the tanker sector as rates rise.
The Stolt-Nielsen bond carried a coupon of Nibor plus 3.65%,
