MPC Container Ships ASA

Regulatory Filings • Sep 25, 2024

MPCC: Successful Placement of USD 125 million Senior Unsecured Sustainability-linked Bond Issue

MPCC: Successful Placement of USD 125 million Senior Unsecured Sustainability-linked Bond Issue

Oslo, Norway - MPC Container Ships ASA (the "Company") has today successfully

completed a USD 125 million senior unsecured sustainability-linked bond maturing

on October 9, 2029. The bonds will pay a coupon of 7.375 % per annum.

Following a successful two-day roadshow, the bond issue attracted strong demand

from a broad range of high-quality institutional investors globally. The book

was significantly oversubscribed, enabling the deal to be upsized from USD 100

million to USD 125 million.

Net proceeds from the bond issue will be applied towards general corporate

purposes, including refinancing of existing financial indebtedness and

acquisition of maritime assets. An application will be made for the bonds to be

listed on the Oslo Stock Exchange.

Arctic Securities and Pareto Securities acted as Global Coordinators and Joint

Bookrunners in the bond issue. Clarksons Securities and Fearnley Securities

acted as co-managers.

For more information, contact:

ir@mpc-container.com

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code "MPCC") is a leading provider of container

tonnage, focusing on small to mid-size container ships. The Company owns and

operates a portfolio of vessels serving intra-regional trade lanes on fixed-rate

charters. The Company is registered and has its business office in Oslo, Norway.

For more information, please visit www.mpc-container.com.

Forward-looking statements:

This announcement includes forward-looking statements. Such statements are

generally not historical in nature, and specifically include statements about

the Company's plans, strategies, business prospects, changes and trends in its

business, the markets in which it operates and its restructuring efforts. These

statements are made based upon management's current plans, expectations,

assumptions and beliefs concerning future events impacting the Company and

therefore involve a number of risks, uncertainties and assumptions that could

cause actual results to differ materially from those expressed or implied in the

forward-looking statements, which speak only as of the date of this news

release. Consequently, no forward-looking statement can be guaranteed. When

considering these forward-looking statements, you should keep in mind the risks

described from time to time in the Company's regulatory filings and periodical

reporting. The Company undertakes no obligation to update any forward-looking

statements to reflect events or circumstances after the date on which such

statement is made or to reflect the occurrence of unanticipated events. New

factors emerge from time to time, and it is not possible for the Company to

predict all of these factors. Further, the Company cannot assess the impact of

each such factor on its business or the extent to which any factor, or

combination of factors, may cause actual results to be materially different from

those contained in any forward-looking statement.

This stock exchange announcement is subject to the disclosure requirements

pursuant to section 5-12 of the Securities Trading Act.