Pareto High Yield Daily-06/18/2026

Research evidence excerpt

Pareto High Yield Daily-06/18/2026

Pareto High Yield Daily

18 JUN 2026

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Sector Credit ResearchSamos Energy – Contemplates USD 90m 1st lien senior secured bond

Key numbers

• Samos Energy Infrastructure is contemplating the issuance of USD 90m 1st 6 day change Last 1D 1M 6M 12M

lien senior secured bond, with proceeds intended to refinance existing OsloOMXSPIBørs Benchmark 11 951,8095,8 0,00,4 %% -4,32,9 %% 18,36,8 %% 19,217,1 %%

indebtedness, acquire the Suksan FSO, fund a shareholder distribution and OSX 93,6 -2,8 % -14,3 % 29,9 % 50,5 %

support general corporate purposes Oil price 77,9 -2,1 % -30,5 % 30,2 % 1,5 %

• Samos is a Southeast Asia-focused owner of offshore production iTraxx 5Y (generic) 251,1 0 bps -10 bps 2 bps -16 bps

infrastructure. The company operates a late-life infrastructure strategy, NIBOR 3m 4,54 -2 bps -1 bps 46 bps -6 bps

acquiring mature offshore production assets below replacement cost and NIBOR 3Y swap 4,81 7 bps -16 bps 74 bps 72 bps

generating visible cash flows through bareboat charter contracts with NIBOR 5Y swap 4,56 5 bps -21 bps 50 bps 56 bps

established operators and limited operational risk STIBOR 3m 2,01 -3 bps 0 bps 16 bps -16 bps

• Please note that Pareto Securities is acting as joint lead manager in the STIBORSTIBOR 3Y5Y swapswap 2,452,57 -3-3 bpsbps -16-20 bpsbps -29 bpsbps 3432 bpsbps

contemplated bond issue

US SOFR 3,63 -2 bps 8 bps -6 bps -69 bps

US SOFR 3Y swap 3,98 9 bps 7 bps 68 bps 36 bps

DNO – Enters Gjøa through asset swap with Vår US SOFR 5Y swap 3,94 6 bps -2 bps 54 bps 31 bps

• DNO is swapping its 5% stake in Nova (reducing its interest from 45% to 40%) EURIBOR 3m 2,41 3 bps 18 bps 35 bps 41 bps

EURIBOR 3Y swap 2,78 3 bps -16 bps 39 bps 72 bps