Kistefos eyes NOK 1.5 billion floating-rate bonds, hosts investor meetings

By Mary-Katherine Stinson

Lexington, Ky., Aug. 24 – Kistefos AS has mandated ABG Sundal Collier and DNB Markets to arrange fixed-income investor meetings starting Thursday to consider an issuance of a new four-year senior floating-rate bonds of up to NOK 1.5 billion, according to a notice Wednesday.

In connection with the potential bond issue, the company will offer a conditional buyback of its outstanding bond issue with ticker KIST06 PRO (ISIN: NO0010850654), contingent upon subscription in the new bond issue.

Kistefos is a private investment company based in Oslo.

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