By William Gullotti
Buffalo, N.Y., Nov. 1 – Olav Thon Eiendomsselskap ASA has sold a NOK 200 million tap of its senior bonds due Sept. 2, 2027 (ISIN: NO0011084709) with a coupon of Nibor plus 90 basis points, according to an announcement on Monday.
The tap issue will bring the outstanding amount of the notes to NOK 500 million.
DNB Markets 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 200 million add-on
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| Description: | Senior bonds
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| Maturity: | Sept. 2, 2027
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| Manager: | DNB Markets
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| Coupon: | Nibor plus 90 bps
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| Announcement date: | Nov. 1
|
| Settlement date: | Nov. 8
|
| Listing: | Oslo
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| Total issue size: | NOK 500 million
|
| ISIN: | NO0011084709
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