Chicago, Sept. 9 – Leroy Seafood Group ASA sold a three-part green bond deal comprised of two floating-rate tranches and one fixed-rate tranche, according to a notice.
All three of the tranches were sized at NOK 500 million.
The five-year tranche priced at Nibor plus 100 basis points. The six-year tranche priced with a coupon of Nibor plus 115 bps. And, a 10-year tranche was sold with a 3.35% fixed-rate coupon.
The offer was significantly oversubscribed, the company said.
Danske Bank and DNB Markets were global coordinators and green bond advisers.
Danske, DNB and Pareto Securities were joint lead managers.
The bonds will be listed on Oslo Bors.
Based in Bergen, Norway, Leroy distributes and markets seafood.
| Issuer: | Leroy Seafood Group ASA
|
| Issue: | Green bonds
|
| Amount: | NOK 1.5 billion
|
| Green advisers: | Danske Bank and DNB Markets
|
| Bookrunners: | Danske, DNB and Pareto Securities
|
| Trade date: | Sept. 9
|
| Settlement date: | Sept. 17
|
|
|
| Five-year bonds
|
| Issue: | Floating-rate green bonds
|
| Amount: | NOK 500 million
|
| Maturity: | Sept. 17, 2026
|
| Coupon: | Nibor plus 100 bps
|
|
|
| Six-year bonds
|
| Issue: | Floating-rate green bonds
|
| Amount: | NOK 500 million
|
| Maturity: | Sept. 17, 2027
|
| Coupon: | Nibor plus 115 bps
|
|
|
| 10-year bonds
|
| Issue: | Fixed-rate green bonds
|
| Amount: | NOK 500 million
|
| Maturity: | Sept. 17, 2027
|
| Coupon: | 3.35%
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
