Stolt-Nielsen has succeeded in selling a bond worth NOK 1.25bn ($131m) in an Oslo market many had thought closed due to the coronavirus pandemic.
The Norwegian chemical tanker owner said a deal had been sealed on Tuesday to place a senior unsecured issue maturing on 29 June, 2023.
The bond carries a coupon of the three-month Norwegian interbank rate (Nibor) plus 4.5%.
