FORNEBU, Norway, Nov. 4, 2022
/PRNewswire/ -- Reference is made to the stock exchange notice by
Akastor ASA (OSE: AKAST) of 26 January
2022 regarding the placement of a USD
150 million senior secured bond issue with a tenor of 3
years by Akastor's 50% owned affiliate HMH Holding B.V. ("HMH") The
bond loan will be listed on Oslo Børs as of today (ISIN
NO0012428996).
The prospectus of HMH for the listing of the bond loan on Oslo
Børs is available on HMH's website: https://hmhw.com/investors/
For further information, please contact:
Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
E-mail: oyvind.paaske@akastor.com
# # # #
About HMH
HMH is a premier drilling solutions provider, which was formed
as an independent company in October
2021 through the merger of Baker Hughes' (NYSE: BKR) Subsea
Drilling Systems business and Akastor ASA's wholly owned
subsidiary, MHWirth AS.
HMH combines integrated delivery capabilities, capital, renowned
industry expertise and delivers the full range of offshore drilling
equipment products and packages at scale. HMH aims to support the
industry's transition toward more energy-efficient solutions, as
well as deploying technologies and service solutions to make the
sector more competitive through increased drilling efficiency.
Moreover, the Company's service and technology portfolio will be
utilized as a springboard for future growth, both within drilling
services and when pursuing opportunities towards adjacent
industries such as renewables and mining.
For further information, please visit homepage:
https://hmhw.com/
About Akastor
Akastor is a Norway-based
oil-services investment company with a portfolio of industrial
holdings and other investments. The company has a flexible mandate
for active ownership and long-term value creation.
For further information, please visit homepage:
https://akastor.com/
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SOURCE Akastor ASA
