By Angela McDaniels
Tacoma, Wash., May 16 – Exmar NV subsidiary Exmar Netherlands BV issued NOK 650 million of floating-rate senior notes due May 2022, according to a company news release.
The coupon is three-month Nibor plus 875 basis points.
DNB Markets, Nordea and Pareto Securities AS acted as joint lead managers.
Proceeds will be used to repurchase NOK 104 million and about $1.8 million of the EXMAR01 bond issue maturing in July.
Exmar is an Antwerp, Belgium-based company that provides LNG, offshore and LPG supply chain solutions.
Issuer: | Exmar Netherlands BV
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Issue: | Senior notes
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Amount: | NOK 650 million
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Maturity: | May 2022
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Lead managers: | DNB Markets, Nordea and Pareto Securities AS
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Coupon: | Three-month Nibor plus 875 bps
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Announcement date: | May 16
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