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CMB.TECH Moves Forward Without Senior Unsecured Bond Offering

CMB.TECH Moves Forward Without Senior Unsecured Bond Offering

Update on CMB.TECH Fixed Income Strategy

Recently, CMB.TECH NV (NYSE: CMBT) shared important updates regarding its strategy for fixed income investor meetings and potential bond issuance.

Investor Engagement Outcomes

After meaningful discussions with potential investors, CMB.TECH has chosen not to pursue the issuance of a senior unsecured bond. This decision comes as the terms currently available in the market were deemed less attractive compared to other funding options.

Contact Information

For more insights into CMB.TECH's investor relations, you may reach out to:

Joris Daman
Head of Investor Relations
Phone: +32 498 61 71 11
Email: joris.daman@cmb.tech

Katrien Hennin
Head of Marketing and Communications
Phone: +32 499 39 34 70
Email: katrien.hennin@cmb.tech

About CMB.TECH

CMB.TECH stands as one of the largest publicly listed and diversified maritime groups globally. The company manages a fleet of approximately 250 vessels, including dry bulk, crude oil tankers, chemical tankers, container vessels, and offshore wind vessels. Moreover, CMB.TECH has ventured into green energy solutions, offering hydrogen and ammonia fuels either through its production facilities or via third-party collaborations.

Company’s Global Presence

Headquartered in Antwerp, Belgium, CMB.TECH operates with offices worldwide, spanning Europe, Asia, the United States, and Africa. The company is a recognized entity on both Euronext Brussels and the NYSE, denoted by the ticker symbol "CMBT" and also listed on Euronext Oslo Børs as "CMBTO".

Frequently Asked Questions

What led CMB.TECH to cancel the bond offering?

CMB.TECH found that the indicative terms on the senior unsecured bond were not favorable compared to alternative funding sources.

Who can be contacted for investor relations?

Joris Daman and Katrien Hennin are the primary contacts for investor relations at CMB.TECH.

What does CMB.TECH specialize in?

CMB.TECH operates a diverse fleet of vessels and provides green energy solutions, reflecting its commitment to sustainability in maritime activities.

Where is CMB.TECH's headquarters located?

The company is headquartered in Antwerp, Belgium, with a robust operational footprint across various continents.

What stock exchanges list CMB.TECH?

CMB.TECH is listed on Euronext Brussels and the NYSE as "CMBT", with additional listings on Euronext Oslo Børs under the symbol "CMBTO".

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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