Carriers

Junk rally feeds issuance revival among shipping firms in Norway

The Norwegian junk bond market is attracting a flood of shipping companies looking to issue bonds. Players raising cash include Höegh LNG and Odfjell.
Photo: Höegh LNG
Photo: Höegh LNG
BY SVEINING SLEIRE, BLOOMBERG

Shipping companies are rushing to the Norwegian junk bond market with new deals to start the year after a rally all-but erased the market's pummeling since 2014.

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