2018-04-19
Cimco Marine AB (publ) lists corporate bonds on Nasdaq First North Bond Market
Cimco Marine AB (publ) lists corporate bonds on Nasdaq First North Bond Market (“Nasdaq First North”). The first day of trading is 19 April 2018.
See press release from April 17 for more information.
For further information, please contact:
Myron Mahendra, CFO, +46 763-47 59 82, myron.mahendra@oxe-diesel.com
Certified Adviser
Västra Hamnen Corporate Finance AB is Cimco’s Certified Adviser.
Cimco Marine AB (publ) is obligated to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 19 April 2018, 07:30 CEST.
Cimco Marine AB (publ) has, after several years of development, constructed the OXE Diesel, the world´s first diesel outboard engine in the high power segment. OXE Diesel has a unique belt driven propulsion system that allows a hydraulic multi-friction gearbox to be mounted. This means that the engine can handle significantly higher loads than a traditional outboard engine. Cimco’s OXE diesel has a horizontally mounted engine as opposed to a traditional outboard with a vertically mounted engine.