KCC: Oslo, 15 May 2019: Successful completion of private placement, upcoming listing on Oslo Stock Exchange and option for seventh and eight combination carrier newbuild declared

 

KCC: Oslo, 15 May 2019: Successful completion of private placement, upcoming listing on Oslo Stock Exchange and option for seventh and eight combination carrier newbuild declared

Subsequent to the today’s successful completion of a private placement with gross proceeds of NOK 350 million, and an additional overallotment of about 5%, Klaveness Combination Carriers ASA (“KCC”) will apply for listing at the Oslo Stock Exchange/Oslo Axess. First day of trading is expected to be on or about May 22nd, 2019.

Following the successful private placement, KCC has declared two options for the construction of the seventh and eight CLEANBU combination carrier with Jiangsu New Yangzi Shipbuilding Co., Ltd in China. The two newbuilds are scheduled for delivery in January and February 2021. Following the declaration, the KCC fleet will grow to 17 vessels within 1st quarter of 2021. The company holds options for further vessels.

Read full press release here