Pelagic Credit has successfully raised NOK 558 million ($58 million) through a private placement, paving the way for its anticipated debut on the Oslo Stock Exchange. The Cyprus-based shipping investment firm announced that it secured commitments from "high quality" industrial and institutional investors. Pelagic Partners, the company's sponsor, is a significant contributor, injecting $48.1 million via its managed funds. This contribution includes $17.56 million in previously injected equity and a further commitment...