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Published on 2/19/2020 in the Prospect News High Yield Daily.

New Issue: Bonheur places NOK 800 million more floating-rate notes due 2024

By Marisa Wong

Los Angeles, Feb. 19 – Bonheur ASA sold NOK 800 million of additional floating-rate notes due September 2024, according to a notice.

The notes bear interest at Nibor plus 250 basis points.

DNB Markets and SpareBank1 Markets acted as joint lead managers for the tap issue.

Bonheur issued the original NOK 800 million of five-year notes on Sept. 4.

Bonheur is an Oslo-based company engaged in long-term investment in firms that specialize in offshore drilling, renewable energy, shipping and cruise lines.

Issuer:Bonheur ASA
Issue:Notes, add-on
Amount:NOK 800 million
Maturity:Sept. 4, 2024
Managers:DNB Markets and SpareBank1 Markets
Coupon:Nibor plus 250 bps
Listing date:Feb. 20

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