Ocean Yield ASA (OCNYO)

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Ocean Yield ASA (OCNYO)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
HYC	INDS	PRCD	OCNYO	Ocean Yield ASA	kr1,251		1	EMEA	Aug 22, 2024

Tranche #1Ocean Yield ASA

currency

NOK

size (m)

1,251.000

maturity

Sep 5, 2029

type

Floating

tenor

5.000

call

registration

benchmark

3mN

ranking

Sr. Unsecured

moody's

s&p

fitch

size description

re-open/tap

ipt

3mN+325 a

ipt-pxd

guidance

3mN+315-325

spread

315

coupon

3mN+315

spread set

price

100.00000

yield

book size (m)

peak book (m)

x-covered

book attrition

nic

left lead

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

left lead

active leads

joint leads

,,,

passive leads

co-managers

coordinating managers

Tranche Comments

5 yr: Redemption: 2027-09-05; Comments: NOK1.251bn 5NC3 FRN snr unsec. Arctic/Danske(B&D)/DNB/Nordea/SEB. With buyback. IPTs 3mN+325 for exp 1bn, guidance 3mN+315/+325 WPIR for 1.25bn, launch 3mN+315. FTT 1:15pm. CoC: 101%. Call date/price: 2027-09-05@101.575 2028-03-05@101.181 2028-09-05@100.788 2029-03-05@100.394. LEI: 5967007LIEEXZXGLT422;

Use of Proceeds

Refinancing and general corporate purposes

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