{"id":811891,"date":"2025-02-12T06:18:42","date_gmt":"2025-02-12T11:18:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gogl-purchase-option-declaration\/"},"modified":"2025-02-12T06:18:42","modified_gmt":"2025-02-12T11:18:42","slug":"gogl-purchase-option-declaration","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gogl-purchase-option-declaration\/","title":{"rendered":"GOGL: Purchase Option Declaration"},"content":{"rendered":"
\n

Golden Ocean Group Limited (NASDAQ\/OSE: GOGL) (the \u201cCompany\u201d) announces that it has declared the purchase options for eight Capesize vessels under the long-term charter-in agreements with subsidiaries of SFL Corporation Ltd. The total purchase price is $112 million en-bloc, and the options have been declared in connection with the 10-year anniversary of the charter-in agreements. The acquisition will be financed through a new $90 million revolving credit facility subject to customary documentation and closing procedures, and cash on hand. It is expected that the acquisition will be completed during Q3 2025.\u00a0<\/p>\n

February 12, 2025
Hamilton, Bermuda<\/p>\n

For more info please contact:<\/p>\n

Peder Simonsen, Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS.<\/p>\n

Telephone +47 23 11 40 00<\/p>\n

Forward-looking statements: This release may contain certain forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they reflect the Company\u2019s current expectations and assumptions as to future events and circumstances that may not prove accurate. A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.<\/p>\n

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\u00a0<\/p>\n

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<\/div>\n","protected":false},"excerpt":{"rendered":"

Golden Ocean Group Limited (NASDAQ\/OSE: GOGL) (the \u201cCompany\u201d) announces that it has declared the purchase options for eight Capesize vessels under the long-term charter-in agreements with subsidiaries of SFL Corporation Ltd. The total purchase price is $112 million en-bloc, and the options have been declared in connection with the 10-year anniversary of the charter-in agreements. The acquisition will be financed through a new $90 million revolving credit facility subject to customary documentation and closing procedures, and cash on hand. It is expected that the acquisition will be completed during Q3 2025.\u00a0 February 12, 2025Hamilton, Bermuda For more info please contact: Peder Simonsen, Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS. Telephone +47 23 11 40 … <\/p>\n

Continue reading “GOGL: Purchase Option Declaration”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-811891","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGOGL: Purchase Option Declaration - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gogl-purchase-option-declaration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GOGL: Purchase Option Declaration - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Golden Ocean Group Limited (NASDAQ\/OSE: GOGL) (the \u201cCompany\u201d) announces that it has declared the purchase options for eight Capesize vessels under the long-term charter-in agreements with subsidiaries of SFL Corporation Ltd. The total purchase price is $112 million en-bloc, and the options have been declared in connection with the 10-year anniversary of the charter-in agreements. The acquisition will be financed through a new $90 million revolving credit facility subject to customary documentation and closing procedures, and cash on hand. It is expected that the acquisition will be completed during Q3 2025.\u00a0 February 12, 2025Hamilton, Bermuda For more info please contact: Peder Simonsen, Interim Chief Executive Officer and Chief Financial Officer of Golden Ocean Management AS. 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