
Euronav Luxembourg S.A. is a leading independent oil tanker operator founded in 2004 and headquartered in Luxembourg, primarily focused on the transportation and storage of crude oil. The company offers a range of services including the operation of very large crude carriers (VLCCs) and floating storage and offloading (FSO) units, catering to the needs of major oil companies and traders worldwide.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
EURNBB 6.25% 2026-09-14 USDEuronav Luxembourg S.A. | Norway | 2026-09-14 | 6.250 | 6.69 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Euronav has been an active player in the bond market, issuing its first bonds in 2015 to support its fleet expansion. Notable issuances include a $350 million offering in 2019, which attracted significant investor interest due to its attractive yield enhances amidst fluctuating market conditions. Currently, Euronav's bonds yield above industry average levels, reflecting both the stability of the company's operations and its strategic responses to market dynamics. Recent news highlights their commitment to sustainability, with plans to issue green bonds to finance eco-friendly fleet upgrades.