Oslo-listed Odfjell has become the first shipping company to sell a sustainability-linked bond (SLB) in a NOK 850m ($100m) deal on Thursday.
The chemical tanker company said it was also the first firm in the whole Nordics region to issue this kind of debt, which will help refinance an $82.5m balloon payment on earlier bonds due this month.
Odfjell told TradeWinds last week that it was aiming to raise at least $60m.
