DFDS has mandated several Nordic banks for a new bond issue.

The Danish ro-ro and ropax group, which is rated BBB-/Stable by Scope Ratings, intends to shortly issue NOK-denominated senior unsecured bonds with expected tenors of three to five years.

Danske Bank, Nykredit, and SEB will arrange a general investor call on 4 March.

There is no certainty that the issue will be initiated or consummated, DFDS said in an Oslo Stock Exchange filing.

The proceeds are to be used for general corporate purposes, the Copenhagen-listed company said.

In the past week, several shipping companies have been active in the corporate bond market.

On Thursday, Ocean Yield announced it had engaged banks for a new bond issue.

The Norwegian sale-and-leaseback specialist is looking to issue a perpetual callable hybrid bond in dollars after investor calls.

Ocean Yield has mandated Arctic Securities, Danske Bank, Nordea and SEB as joint lead managers to arrange a series of fixed income investor meetings.

Altera Shuttle Tankers on Wednesday issued a $200m senior unsecured four-year bond.

The bonds were sold with a fixed coupon of 9% per year.