DFDS is considering a new bond issue that would refinance its existing DKK bonds, which are set to mature in June.
The company intends "in the near future" to issue new DKK- and/or NOK-denominated senior unsecured bonds with an expected maturity of five years.
The issuance is part of the "continuous pursuit of improving the financing cost of DFDS", a release said on Wednesday.
Nordea Bank and Skandinaviska Enskilda Banken (SEB) have been mandated as joint bookrunners for the offering and will arrange fixed-income investor meetings on 20 and 21 May.
DFDS said there is "no certainty" that the issue will be initiated or consummated.
The Danish ferry giant had DKK 519.5m ($77.9m) in corporate bonds due to mature within 12 months as of 31 December, according to the company's 2018 report.
Taking action
News of the proposed bond issue is the first big step taken by the company since Torben Carlsen took office as chief executive on 1 May.
Earlier this month, DFDS said it plans to invest DKK 2.8bn in its business during 2019, most of which will be spent on new vessels and upgrades to the existing fleet, including fitting scrubbers.
The figure is DKK 300m more than estimated in its 2018 report, which was published in February.
