By Wendy Van Sickle
Columbus, Ohio, Oct. 1 – Olav Thon Eiendomsselskap ASA has sold a NOK 500 million tap of its senior bonds due Aug. 25, 2025 with a coupon of three-month Nibor plus 70 basis points (ISIN: NO0011079790), according to a notice.
The tap issue will bring the outstanding amount of the notes to NOK 1.4 billion.
Swedbank was the manager for the issuance.
The commercial real estate company is based in Oslo.
| Issuer: | Olav Thon Eiendomsselskap ASA
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| Amount: | NOK 500 million add-on
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| Description: | Senior bonds
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| Maturity: | Aug. 25, 2025
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| Manager: | Swedbank
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| Coupon: | Three-month Nibor plus 70 bps
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| Announcement date: | Oct. 1
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| Settlement date: | Oct. 7
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| Listing: | Oslo
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| Total issue size: | NOK 1.4 billion
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| ISIN: | NO0011079790
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