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Jotul to fully redeem NOK 475 million floaters at 102.085 via new bonds
By Mary Katherine Stinson
Lexington, Ky., Dec. 20 – Jotul AS, a subsidiary of Jotul Holdings SA, said it will fully redeem its NOK 475 million floating-rate bonds (ISIN: NO0011104069) at 102.085 using the proceeds from a new bond issue.
Accrued interest will also be paid.
Notice of redemption of the existing bonds is expected to be sent to bondholders on Dec. 21.
Based in Fredrikstad, Norway, Jotul makes stoves, inserts and fireplaces.
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