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    Oceanografia contemplating bond issue

    Company News // September 10, 2013

    Two wholly owned subsidiaries of Oceanografia SA de CV, OSA Goliath Pte Ltd and Caballo Marango Pte Ltd, are contemplating a US$300 million senior secured bond issue.

    The bonds will have a tenor of five years and the purpose is to partially finance the purchase of two subsea vessels named OSA Goliath and Caballo Marango.

    Norsk Tillitsmann ASA will act as the bond trustee, and the loan agreement will be governed by Norwegian law.

    An application will be made for the Bonds to be listed either on the Euro MTF Market or the Luxembourg Stock Exchange.

    Pareto Securities have been retained as Sole Arranger of the contemplated bond issue.


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