Oslo, 30 January 2020 - Klaveness Combination Carriers ASA ("KCC") has
successfully completed a new senior unsecured bond issue of NOK 500 million with
maturity date 11 February 2025. The bond carries a coupon of 3 months NIBOR +
475 bps p.a. with quarterly interest payments. In connection with the placement
of the new bond issue, KCC has repurchased NOK 138 million of the KCC03 bonds
(ISIN: NO0010779549). The transaction was significantly oversubscribed.

Danske Bank, Nordea, Pareto Securities and SEB acted as Joint Lead Managers for
the bond issue.

An application will be made for the bonds to be listed on Oslo Stock Exchange.


For further queries, please contact:
Engebret Dahm, CEO
Telephone +47 22 52 62 62 
Liv Dyrnes, CFO
Telephone +47 22 52 61 51


About Klaveness Combination Carriers ASA:
KCC is the world leader in combination carriers, owning and operating nine CABU
and three CLEANBU combination carriers with another five CLEANBU combination
carriers on order for scheduled delivery in the period 2020 - 2021. KCC's
combination carriers are built for transportation of both wet and dry bulk
cargoes, being operated in trades where the vessels efficiently combine dry and
wet cargoes with minimum ballast. Through their high utilization and efficiency,
the vessels emit up to 40% less CO2 per transported ton compared to standard
tanker and dry bulk vessels in current and targeted combination trading
patterns.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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© Oslo Bors ASA, source Oslo Stock Exchange