By Mary-Katherine Stinson
Lexington, Ky., Sept. 27 – Olav Thon Eiendomsselskap ASA has sold a NOK 150 million tap of its senior bonds due March 3, 2026, known as OLT138, with a coupon of Nibor plus 165 basis points and NOK 380 million of new 6.5-year senior bonds with a coupon of Nibor plus 215 bps, according to a notice on Wednesday.
The add-on will bring the outstanding amount of the 2026 notes to NOK 1.15 billion.
Settlement will occur on Sept. 29 for the add-on and Oct. 4 for the new 6.5-year bonds.
Nordea was the manager for the issuance.
The commercial real estate company is based in Oslo.
| Issuer: | Olav Thon Eiendomsselskap ASA
|
| Amount: | NOK 530 million
|
| Issue: | Senior bonds
|
| Manager: | Nordea
|
| Announcement date: | Sept. 27
|
|
|
| 2026 bonds
|
| Amount: | NOK 150 million
|
| Maturity: | March 3, 2026
|
| Coupon: | Nibor plus 165 bps
|
| Settlement date: | Sept. 29
|
| ISIN: | NO0010940471
|
| Total issue size: | NOK 1.15 billion
|
|
|
| 6.5-year bonds
|
| Amount: | NOK 380 million
|
| Tenor: | 6.5 years
|
| Coupon: | Nibor plus 215 bps
|
| Settlement date: | Oct. 4
|
|
|
© 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.
