Western Bulk assesses options to refinance outstanding bond

Western Bulk is assessing its options to refinance the outstanding bond loan

Western Bulk Chartering AS is currently in the process of assessing its options to refinance its outstanding bond WBULK01 PRO (ISIN NO0010675572) maturing on 19 April 2019. Pareto Securities AS has been mandated to arrange a series of fixed income investor meetings and a senior unsecured bond issue may follow subject to inter alia market conditions. A potential bond issue would be intended to refinance WBULK01 PRO by way of utilizing the call option under such bond.