BW Offshore has completed a bond sale worth $300m.
The Oslo-listed FPSO specialist said the notes mature in 2024 at a fixed interest of between 2% and 2.5%.
Its base target was $250m, but the BW Group offshoot said earlier on Tuesday this could be increased to $300m.
The initial conversion price will be set at a premium of between 35% and 40% to the average price on the Oslo Stock Exchange between opening and closing of trading on Tuesday.
