Okea ASA, founded in 2015 and headquartered in Oslo, Norway, is an independent oil and gas company focused on the development and production of oil and gas resources in the Norwegian Continental Shelf. The company's primary activities include exploration, production, and optimizing operations in existing fields.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| OKEAAS 9.13% 2026-09-14 NOKOkea ASA | Norway | 2026-09-14 | 9.125 | 5.64 |
| OKEAAS 9.13% 2029-06-25 NOKOkea ASA | Norway | 2029-06-25 | 9.125 | 7.75 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Okea ASA entered the bond market in 2018 with a successful issuance aimed at financing its growth strategies. A notable bond issuance occurred in 2021 when the company issued NOK 1 billion in senior unsecured bonds to support acquisitions and further development projects. Current bond yields are competitive within the industry, reflecting the company's solid credit profile, while the bonds offer features such as call options that enhance their attractiveness to investors. Recent market activities highlight the company's strategic moves to strengthen its financial position amidst fluctuating oil prices.