12/18/2014

Geveran Trading buys Golden Ocean bonds

John Fredriksen’s private Geveran Trading has snapped up more Golden Ocean bonds in a $10.2m deal.
Golden Ocean, Oslo-listed bulker company said Geveran had acquired part of its 3.07% convertible issue due in 2019 at NOK 79 ($10.69) each.
Geveran Trading now has $71m of the bonds. Another Fredriksen affiliate, Hemen Holding, owns 41.06% of Golden Ocean.