‘2020 Bulkers is fully committed to its shareholders’
We intend to provide comprehensive and fully updated information to our investors and analysts.
FINANCIAL YEAR 2019
18.03.2020 – Annual Report
11.02.2020 – Quarterly Report – Q4
FINANCIAL YEAR 2020
23.07.2020 – Half-yearly Report
11.03.2021 – Annual Report
28.05.2020 – Annual General Meeting
30.04.2020 – Quarterly Report – Q1
22.10.2020 – Quarterly Report – Q3
28.01.2021 – Quarterly Report – Q4
2020 Bulkers Ltd.
Prospectus dated 3 July 2019 – tax note
Please note that due to an error, as the company is tax resident in Bermuda, the prospectus chapters 16.4.1 and 16.4.2 contain incorrect omissions as revised below:
- Norwegian personal shareholders are not entitled to hold the shares through a Norwegian share saving account (Nw.: aksjesparekonto), opposed to the description in the prospectus section 16.4.2.
As the company is tax resident in Bermuda (which for Norwegian tax purposes is deemed a “low-tax jurisdiction” and outside of the EEA), it does not qualify as an “object” under the Norwegian tax exemption method (Nw. fritaksmetoden) for Norwegian corporate shareholders, consequently: (i) any dividends on the shares distributed to a Norwegian corporate shareholder will be taxed as ordinary income at a rate of 22% (2019), opposed to the description in the prospectus section 16.4.1; and (ii) any capital gains derived from the realization of shares will be taxed at a rate of 22% (2019), and losses upon the realization and costs incurred in connection with the purchase and realization of such shares will for tax purpose be deductible at a rate of 22% (2019), opposed to the description in the prospectus section 16.4.2.
USD 240 million Term Loan Facility
LIBOR + 250bps margin
18 year repayment profile
5 years maturity
Registrar and auditor
DNB Bank ASA, Global Companies Registrars Section
Postal address: Postboks 1600 Sentrum | 0021 Oslo | Norway
Visiting address: Dronning Eufemias gate 30 | 0191 Oslo | Norway