Containerships Oyj - Inside information

Containerships plc succesfully issues 4-year EUR 60 million senior secured bond

STOCK RELEASE                                        10 November 2017
CONTAINERSHIPS PLC SUCCESSFULLY ISSUES 4-YEAR EUR 60 MILLION SENIOR SECURED BOND

Containerships  plc ("Containerships" or the "Company"), has successfully placed
a  EUR 60 million senior secured bond under a framework of up to EUR 100 million
(the  "Bonds"). The Bonds, maturing in  November 2021, will bear a floating rate
coupon  of 3 month  Euribor +  6.25 per cent,  with interest paid quarterly. The
Bonds will be governed by Finnish law and the Company has undertaken to list the
Bonds on Nasdaq Helsinki within 60 days of the issue date.

The  proceeds  from  the  transaction  will  be  used to refinance the Company's
existing  bond  with  ISIN  FI4000148804  and  for  general  corporate  purposes
including investments and acquisitions.

The  transaction was  well received  by the  market, with  demand primarily from
Finnish institutional investors, coupled with strong participation from Swedish,
Norwegian and UK accounts.

"We  are pleased with the strong interest shown in the Company from both current
and  new bond investors. Not only does the bond issue allow the Company to lower
its  cost of financing; it will enable the Company to deliver on its ambition of
launching  Europe's first  fully LNG-based  supply chain,  positioning it at the
vanguard  of European  short sea  logistics" says  Kari-Pekka Laaksonen,  CEO of
Containerships.

Pareto Securities Oy acted as Sole Bookrunner in connection with the bond issue.

For more information, please contact:


Kari-Pekka Laaksonen, CEO, Containerships plc
+358 5055 02 555, kari-pekka.laaksonen@containerships.fi

Markus Wirenhammar, Head of Debt Capital Markets, Pareto Securities AB
+46 70-872 51 86, markus.wirenhammar@paretosec.com


The  information is  of such  character which  Containerships plc shall disclose
pursuant to EU Market Abuse Regulation (596/2014/EU) and the Act on Trading with
Financial  Instruments (748/2012,  as amended).  The information was distributed
for  disclosure, through the contact person set  out below, at 19.05 EEST on 10
November 2017.

This press release is neither an offer to sell nor a solicitation of an offer to
buy any of the bonds or any other security of Containerships plc. The statements
in  this  press  release  that  are  not historical facts may be forward-looking
statements.  These  forward-looking  statements  involve risks and uncertainties
that  could cause  the outcome  to be  materially different.  Containerships plc
undertakes  no obligation  to revise  or update  any forward looking statements,
unless required to do so under applicable securities laws.



About Containerships plc

Containerships plc is a full-service logistics company providing safe, fast
container transportation in the Baltic Sea, North Sea and the Mediterranean.
Containerships offers both standard and customised containers and variable
logistics solutions from door to door. More information is available at
www.containershipsgroup.com. 

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