Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Olav Thon Eiendomsselskap ASA > News item |
Olav Thon offers to buy back 2019 secured bonds or swap for 2021 bonds
By Marisa Wong
Los Angeles, Sept. 7 – Olav Thon Eiendomsselskap ASA has mandated DNB Markets as manager for a buyback of its NOK 300 million outstanding secured bonds, issue 2019/2024, due March 14, 2024 (ISIN: NO0010844459), according to a notice.
As an alternative, bondholders may subscribe, for all or parts of their holdings, in Olav Thon’s senior unsecured bonds, issue 2021/2024, due June 3, 2024 (ISIN: NO0011008997) with an outstanding amount of NOK 500 million.
The buyback and/or exchange offer is open until 10 a.m. ET on Sept. 8.
The company is requesting that bondholders who wish to participate in this offer contact their contact person in DNB Markets or, alternatively, Jan Krogh-Vennemo, DNB Markets, head of fixed income, at +47 24 16 90 15.
The commercial real estate company is based in Oslo.
© 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.