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Odfjell SE Plans New Bond Issue for Corporate Expansion

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Odfjell SE ( (GB:0J77) ) has provided an announcement.

Odfjell SE has appointed Arctic Securities, DNB Carnegie, Danske Bank, and SEB to organize fixed income investor meetings starting May 19, 2025, potentially leading to a new NOK denominated 5-year senior unsecured floating rate bond issue. The proceeds from this bond issue are intended for general corporate purposes, potentially impacting Odfjell’s operational flexibility and financial strategy.

The most recent analyst rating on (GB:0J77) stock is a Buy with a NOK217.00 price target. To see the full list of analyst forecasts on Odfjell SE stock, see the GB:0J77 Stock Forecast page.

More about Odfjell SE

The Odfjell Group is a leading global player in the seaborne transportation and storage of chemicals and specialty bulk liquids. With a fleet of approximately 70 ships and a network of strategically located tank terminals, the company operates both globally and regionally. Headquartered in Bergen, Norway, Odfjell employs around 2300 staff and reported a gross revenue of USD 1249 million in 2024.

YTD Price Performance: -0.36%

Average Trading Volume: 76,876

Current Market Cap: NOK7.66B

Learn more about 0J77 stock on TipRanks’ Stock Analysis page.

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