Kistefos eyes NOK 350 million add-on to bonds due 2023

By Marisa Wong

Los Angeles, Aug. 14 – Kistefos AS is considering a NOK 350 million add-on to its senior bonds due May 10, 2023.

There is NOK 1 billion of the bonds outstanding, and the borrowing limit is NOK 1.35 billion.

ABG Sundal Collier and DNB Markets will act as joint lead managers for the proposed offering.

Proceeds from the tap issue will be used for general corporate purposes.

Kistefos is a private investment company based in Oslo.

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