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Published on 8/16/2021 in the Prospect News High Yield Daily.

New Issue: Olav Thon sells NOK 200 million 10-year bonds at Nibor plus 120 bps

By Marisa Wong

Los Angeles, Aug. 16 – Olav Thon Eiendomsselskap ASA has issued NOK 200 million of new 10-year senior bonds with a coupon of three-month Nibor plus 120 basis points, according to a notice.

Handelsbanken Capital Markets was the manager for the issuance.

The commercial real estate company is based in Oslo.

Issuer:Olav Thon Eiendomsselskap ASA
Amount:NOK 200 million
Description:Senior bonds
Maturity:10 years
Manager:Handelsbanken Capital Markets
Coupon:Three-month Nibor plus 120 bps
Announcement date:Aug. 16
Settlement date:Aug. 25
Listing:Oslo

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