By Christine Van Dusen
Atlanta, June 3 - Estonia's AS Tallink Grupp has priced NOK 900 million senior notes due Oct. 18, 2018 at par to yield Nibor plus 500 basis points, according to a company filing.
Danske Bank Markets and SEB Markets were the bookrunners for the Rule 144A and Regulation S deal.
The proceeds will be used for refinancing and strengthening the company's financial position.
The issuer is a shipping company based in Tallinn, Estonia.
| Issuer: | AS Tallink Grupp
|
| Amount: | NOK 900 million
|
| Maturity: | Oct. 18, 2018
|
| Description: | Senior notes
|
| Bookrunners: | Danske Bank Markets, SEB Markets
|
| Coupon: | Nibor plus 500 bps
|
| Price: | Par
|
| Spread: | Nibor plus 500 bps
|
| Trade date: | June 3
|
| Settlement date: | June 18
|
| Distribution: | Rule 144A and Regulation S
|
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