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