MedPrise, the marine engineering and offshore energy installation company, successfully distributed the offering of EUR 78 million bond due 2023.The bonds were privately allocated.
The bonds carry a fixed-rate coupon of 1.75%, and have a repayment date of 30th April 2023.
The net proceeds will be used to fund the project to modify and upgrade Oceanic 5000, a derrick/lay vessel (DLV), for use as an offshore energy installation platform and other projects.
To learn more about current project, please visit the
Project page.