Contemplated refinancing Master Marine AS – Fixed income investor meetings

Jacktel AS, a wholly owned subsidiary of Master Marine AS, has mandated DNB Markets, Fearnley Securities and Pareto Securities to arrange a series of fixed income investor meetings, which will commence on 30 October 2018. Following such meetings, a USD 150 million senior secured bond issue with a five year tenor may follow, subject to inter alia market conditions.

A potential bond issue, together with a super senior bank facility of USD 100 million provided by DNB Bank ASA, would be used to refinance the outstanding debt of Jacktel AS and Master Marine AS. The contemplated bond issue and the new super senior bank facility will be contingent upon each other.

More information on Master Marine AS and Jacktel AS (including financial information, business overview and bond information etc.) can be found on their web site: http://www.master-marine.no/

The manufacturer target market (MiFID II product governance) for the Bonds is retail clients, professional clients & eligible counterparties (all distribution channels). No PRIIPs key information document (KID) for the Bonds will be prepared.

For further information, please contact:  Bjørn Eie Henriksen, Executive Chairman Master Marine AS  Tel: +47 94 13 04 32 E-mail: bjorn.henriksen@master-marine.no