The company said it tapped into its previous OCY02 issue at NOK 101.05 each.
The coupon is NIBOR plus 3.65%
The issue has been expended to NOK 1bn with the latest deal.
Net proceeds will be used for general corporate purposes and to pay off the OCY01 bonds maturing in 2017.
The company has also fixed up a new loan of $250m as it seeks to expand its fleet.
