LYSAKER, Norway, Aug. 22, 2023 /PRNewswire/ Reference is made to the joint announcement made by AMSC ASA ("AMSC") and Maritime Partners, LLC. ("Maritime Partners") today regarding the signing by AMSC
/PRNewswire/ Reference is made to the joint announcement made by AMSC ASA ("AMSC") and Maritime Partners, LLC. ("Maritime Partners") today regarding the.
American Shipping Company ASA – American Tanker, Inc.: Successfully completed bond tap issue
American Tanker, Inc (“ATI”), an indirectly wholly owned subsidiary of American Shipping Company ASA (OSE:AMSC, OTCQX:ASCJF) has today carried out a tap issue of USD 20 million in the senior unsecured bond due 2 July 2025 with ISIN NO0010886328 and ticker ATI02. The tap issue was made at an issue price of 101% of nominal amount. Settlement of the tap issue is expected to take place on or about 16 April 2021. Following settlement, the outstanding amount under ATI02 will be USD 220 million.
The bonds will trade on a separate ISIN for up to 40 days following the settlement date before being merged with the above mentioned ISIN. Following merger of ISINs, the additional bonds will be listed on the Oslo Stock Exchange.