Statkraft buys back NOK 45 million of floating-rate bonds due Nov. 10

By Angela McDaniels

Tacoma, Wash., Oct. 10 – Statkraft AS said it bought back NOK 45 million of its floating-rate bonds due Nov. 10, 2016 at market terms, bringing the total amount repurchased to NOK 670 million.

According to the company’s website, the bonds bear interest at Nibor plus 32 basis points, and the nominal amount is NOK 2.2 billion.

Oslo-based Statkraft is a hydropower, wind power and gas-fired power company.

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