Wikborg Rein assisting on private placement in American Shipping Company ASA

Wikborg Rein has assisted DNB Markets, Clarksons Securities and Pareto Securities in connection with a successful private placement in OSE main board listed American Shipping Company.

American Shipping Company is controlled by Aker Capital.

The private placement raised gross proceeds of approximately NOK 405 million to finance the purchase of the multi-purpose offshore vessel Normand Maximus.

The Wikborg Rein team comprised Simen Varhaug, Ole Martin Drevvatne and Dag Erik Rasmussen.