Pelagic Credit Plc marked a major milestone with its official listing at the Oslo Stock Exchange on Monday, 16 March, bringing together its team, partners and stakeholders to celebrate the beginning of a new chapter.
“I’m very happy to be here in the Oslo Stock Exchange, for the first day of listing for Pelagic Credit,” mentioned Tobias Backer, Executive Director of Pelagic Credit at the ceremony.
The listing represents a significant step forward for the company as it enters the public markets and positions itself for future growth, the company noted in a relevant press release.
“We are here today to celebrate the successful listing of Pelagic Credit. A new credit platform under the umbrella of Pelagic Partners,” said Dr. Neils Hartman, Director of Pelagic Credit and Pelagic Partners, also at the ceremony.
Euronext Oslo Børs offers the only regulated markets for securities trading in Norway today and is world-leading in the energy, shipping and seafood sectors, marking this listing as a monumental milestone in Pelagic Credit’s journey and continued success. The first day of trading in the Company’s shares on Euronext Growth was 9 March 2026, under the ticker “PLGC”.
"At Pelagic Partners, we value ongoing growth, and the listing of Pelagic Credit on the Oslo Stock Exchange marks an important step in our broader strategy to raise capital.
We have very exciting growth plans for the future, and this successful listing is the first step in delivering those plans going forward. The listing provides a stronger platform to accelerate our plans whilst also strengthening ours and Pelagic Credit’s presences within the capital markets.
At Pelagic Partners, our deep roots in the maritime industry allow us to leverage our broad experience to continue expanding into new areas," the press release continued.
“We are known to be ship owners by heritage and experience," stated Atef Abou Merhi, Managing Director of Pelagic Partners. “Now was the time to broaden and diversify our approach, to stay true to our ship owning business yet focus more on bringing something to the capital markets” he added.
This new journey reflects our strategic framework, combining our industry expertise with even more financial capabilities, the company said.
“We believe there’s a funding gap for that kind of a product in the maritime space today,” Backer also mentioned.
By targeting this gap, Pelagic Credit aims to deliver stable opportunities for investors while supporting continued growth in the maritime sector. This fantastic milestone was made possible only through the collaboration of our teams, partners and stakeholders across the markets.
“We want to thank all our partners in Oslo, between the investment banks and the law firms and service providers for making this happen. And, thank you to the wider team for making everything happen over the past five years” said Ahmad Abou Merhi, our Executive Director and Head of Portfolio Management.
Looking forward, as Pelagic Credit begins trading, the focus will now shift to long-term growth.
“We believe it’s an exciting chapter for the company as a whole for Pelagic Partners, but also for Pelagic Credit as a door opener for what we believe is a very exciting venture,” Merhi added.
“We look forward to bringing a strong, positive stamp to the capital markets and growing the brand alongside our investors on a long-lasting, successful journey,” he concluded.
