By Paul A. Harris
Portland, Ore., Oct. 23 – Bayport Management Ltd. announced in a Friday press release that has issued an upsized SEK 1.1 billion amount of 12% senior unsecured bonds due October 2018.
The issue size was increased from SEK 700 million.
Over 100 investors participated, the company stated in the release. About 55% of the bonds were taken by investors based outside of Sweden.
ABG Sundal Collier and DNB Markets were the bookrunners.
The issuer provides financial services in Botswana, Colombia, Ghana, Mexico, Mozambique, South Africa, Tanzania, Uganda and Zambia.
| Issuer: | Bayport Management Ltd.
|
| Amount: | SEK 1.1 billion, upsized from SEK 700 million
|
| Maturity: | October 2018
|
| Securities: | Senior unsecured bonds
|
| Bookrunners: | ABG Sundal Collier, DNB Markets
|
| Coupon: | 12%
|
| Format: | SEC 1.5 billion notes program
|
| Listing: | Nasdaq Stockholm
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
