Yinson Production is pleased to announce the successful placement of a USD 100 million tap issue on our existing 5-year senior secured corporate bond. This tap issue increases the total bond value to USD 600 million, reinforcing our financial capacity to deliver on key strategic initiatives.

The proceeds from this issuance will primarily fund capital expenditures for the upgrade of Floating Production Storage and Offloading (FPSO) assets in our portfolio, ensuring continued operational excellence and value delivery for our stakeholders. The bond will be listed on the Euronext Oslo Børs.

The tap issue was significantly oversubscribed, a testament to the confidence that investors have in Yinson Production’s business model and vision. We extend our gratitude to our investors for their unwavering trust and support.

We would also like to thank DNB Markets and Pareto Securities for their role as Joint Bookrunners, and ABG Sundal Collier for their contributions as Joint Lead Manager, in ensuring the success of this transaction.