By Taylor Fox
New York, Dec. 7 – Norway’s Olav Thon Eiendomsselskap ASA priced NOK 500 million of senior bonds with a three-year tenor, according to a notice.
SEB is the manager for the issuance, which will settle on Dec. 14.
The bond issue has a coupon of three-month Nibor plus 83 basis points.
In conjunction with the bond issue, the company has repurchased NOK 407 million of OLT 113 (ISIN NO0010821580).
The commercial real estate company is based in Oslo.
| Issuer: | Olav Thon Eiendomsselskap ASA
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| Amount: | NOK 500 million
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| Description: | Senior bonds
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| Maturity: | 2023
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| Manager: | SEB
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| Coupon: | Three-month Nibor plus 83 bps
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| Announcement date: | Dec. 7
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| Settlement date: | Dec. 14
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