Fjord1 has completed a NOK 1bn ($123m) raid on the Norwegian bond market.

The ferry company finalised the fundraiser today with the new paper to mature in November 2022.

DNB Markets and Nordea led the offering, with Fearnley Securities and SpareBank 1 Markets also on the ticket.

Fjord1 joins companies such as DFDS, Bonheur, Wallenius Wilhelmsen Logistics, Songa Bulk and Ship Finance International in issuing bonds in the Norwegian capital this year.

As TradeWinds reported yesterday, Overseas Shipholding Group is also believed to be exploring a bond issue in Oslo.

It was not possible to obtain further colour on the offering from executives at Fjord1 at the time of writing today.