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Published on 4/11/2019 in the Prospect News High Yield Daily.

New Issue: DigiPlex Norway prices NOK 1.8 billion Nibor plus 365 bps five-year secured floaters

By Paul A. Harris

Portland, Ore., April 11 – DigiPlex Norway Holding 2 AS priced a NOK 1.8 billion issue of five-year floating-rate senior secured bonds with a coupon set at a 365 basis points spread to three-month Nibor, according to a Thursday press release.

The transaction was substantially oversubscribed, the release added.

DNB Markets ran the books.

The issuer is an Oslo-based information technology company.

Issuer:DigiPlex Norway Holding 2 AS
Amount:NOK 1.8 billion
Maturity:April 2024
Securities:Senior secured bond
Bookrunner:DNB Markets
Coupon:Three-month Nibor plus 365 bps
Announcement date:April 11
Settlement date:April 30
Listing:Oslo Stock Exchange (pending)

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