10 July/ 2020
MedPrise successfully completes EUR 78m bond distribution
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.