E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/4/2021 in the Prospect News High Yield Daily.

New Issue: Olav Thon sells NOK 200 million tap of senior bonds due 2024 at Nibor plus 57 bps

By William Gullotti

Buffalo, N.Y., Oct. 4 – Olav Thon Eiendomsselskap ASA has sold a NOK 200 million tap of its senior bonds due June 3, 2024 with a coupon of Nibor plus 57 basis points (ISIN: NO0011079790), according to a listing notice on Monday.

The tap issue will bring the outstanding amount of the notes to NOK 1 billion.

DNB 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 add-on
Description:Senior bonds
Maturity:June 3, 2024
Manager:DNB Markets
Coupon:Nibor plus 57 bps
Announcement date:Oct. 4
Settlement date:Oct. 13
Listing:Oslo
Total issue size:NOK 1 billion
ISIN:NO0011008997

© 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.