By Rebecca Melvin
New York, July 7 – Nortura SA priced NOK 1 billion of notes in three series, according to notices on Tuesday.
The NOK 700 million of floating-rate bonds due July 2, 2025 will bear interest at 3.31%, or Nibor plus 295 basis points.
The NOK 150 million of floaters due July 2, 2027 will bear interest at 3.56%, or Nibor plus 320 bps.
And NOK 150 million of fixed-rate debt will due July 2, 2027 will bear interest at 3.95%.
Danske Bank Markets, and DNB were managers of the issues.
Nortura is a meat processing company based in Oslo.
| Issuer: | Nortura SA
|
| Issue: | Floating-rate, fixed-rate bonds
|
| Amount: | NOK 1 billion
|
| Manager: | Danske Bank Markets and DNB
|
| Announcement date: | July 2
|
| Registered date: | July 8
|
|
|
| 2025 floaters
|
| Amount: | NOK 700 million
|
| Maturity: | July 2, 2025
|
| Coupon: | 3.31%, or Nibor plus 295 bps
|
|
|
| 2027 floaters
|
| Amount: | NOK 150 million
|
| Maturity: | July 2, 2027
|
| Coupon: | 3.31%, or Nibor plus 320 bps
|
|
|
| 2027 fixed-rate notes
|
| Amount: | NOK 150 million
|
| Maturity: | July 2, 2027
|
| Coupon: | 3.95%
|
|
|
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