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Published on 5/11/2006 in the Prospect News High Yield Daily.

New Issue: Vmetro prices NOK 200 million three-year floating-rate notes at Nibor plus 300 bps

St. Louis, May 11 - Norwegian technology company Vmetro priced an NOK 200 million issue of three-month Nibor plus 300 basis points three-year notes, according to information disclosed in a Thursday press release.

ABG Sundal Collier ASA was the bookrunner.

Proceeds will be used to strengthen Vmetro's financial capabilities and to finance possible acquisitions.

The company plans to list the notes on the Oslo Stock Exchange.

Vmetro is an Oslo-based integrator of high-end embedded computer systems.

Issuer:Vmetro
Amount:NOK 200 million
Maturity:Three years
Coupon:Three-month Nibor plus 300 bps
Bookrunner:ABG Sundal Collier ASA
Settlement date:May 29
Listing:Oslo Stock Exchange

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