Borealis Maritime is set to tap the bond market for fresh capital to support expansion.
Borealis Finance has launched a bid to issue five-year senior secured bonds of $150m, with a limit of up to $200m, according to the private placement documents this week.
The proceeds from the first-priority bonds, which will have maturity in November 2022, are earmarked to repay a credit facility of $115.5m
