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Published on 10/16/2018 in the Prospect News High Yield Daily.

New Issue: Olav Thon sells NOK 550 million bonds due 2021 at Nibor plus 68 bps

By Marisa Wong

Morgantown, W.Va., Oct. 16 – Olav Thon Eiendomsselskap ASA said it has issued NOK 550 million of bonds due Aug. 26, 2021 with a coupon of three-month Nibor plus 68 basis points.

DNB Markets and SEB acted as joint lead managers.

The commercial real estate company is based in Oslo.

Issuer:Olav Thon Eiendomsselskap ASA
Amount:NOK 550 million
Description:Bonds
Maturity:Aug. 26, 2021
Managers:DNB Markets and SEB
Coupon:Three-month Nibor plus 68 bps
Settlement date:Oct. 16

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