Orkla issues call to redeem NOK 600 million bond in June

By Toni Weeks

San Diego, March 17 - Orkla ASA has issued a call to redeem all NOK 600 million of its Nibor plus 75 basis points bonds due 2012 at par, according to an announcement with the Oslo Stock Exchange.

The redemption of the debt (NO 10439193 ORK 12 (2008/12)) will occur on June 6.

Based in Oslo, Orkla operates in the branded consumer goods, aluminum solutions, materials, renewable energy and financial investment sectors.

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