Structuring bond buy-backs in declining markets
Fear of the Corona virus and a plummeting oil price has sent stock markets down and the credit spreads are widening significantly. With investors in sell-off mode issuers can buy back bonds at more attractive spreads, but buy-backs of listed bonds should take into account securities trading regulations and be structured properly.
Green wave in the capital market
Risk and opportunities relating to Environmental, Social and Governance matters ("ESG") have become more and more important for the capital market, with a particular focus on human-caused climate changes. Companies with ESG high on their agenda and preferably with a climate friendly business, attract investors and capital.
The Oslo Stock Exchange's requirements for detailed announcement and information memorandum will no longer apply
The Oslo Stock Exchange has today published new versions of the Continuing Obligations for stock exchange listed companies (Oslo Børs and Oslo Axess) and for Merkur Market.
Teekay shuttle tankers issues the first Nordic maritime green bond
In early October 2019 Teekay Shuttle Tankers LLC (“Teekay”) successfully placed its USD 125 million inaugural green bond, the first green bond to be issued in the Nordic markets by the maritime industries.