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Prospect News home > News index > List of issuers N > Headlines for Norwegian Property ASA > News item
Published on 5/5/2021 in the Prospect News Green Finance Daily and Prospect News High Yield Daily.

New Issue: Norwegian Property sells NOK 650 million 2.235% five-year green bond

By Devika Patel

Knoxville, Tenn., May 5 – Norwegian Property ASA issued NOK 650 million of 2.235% five-year senior secured green bonds in a “substantially oversubscribed” offering, according to a press release.

The coupon is equivalent to Nibor plus 85 basis points.

SEB was the manager.

Based in Oslo, Norway, Norwegian Property is a real estate company.

Issuer:Norwegian Property ASA
Securities:Senior secured green bonds
Amount:NOK 10 million
Bookrunner:SEB
Maturity:Five years
Coupon:2.235%, or Nibor plus 85 bps
Settlement date:May 5

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