Published on 8/21/2019 in the Prospect News High Yield Daily.
New Issue: Olav Thon sells SEK 500 million two-year bonds at Stibor plus 62 bps
By Sarah Lizee
Olympia, Wash., Aug. 21 – Olav Thon Eiendomsselskap ASA has issued SEK 500 million of two-year senior bonds with a coupon of three-month Stibor plus 62 basis points, according to an announcement.
Danske Bank was the bookrunner.
The commercial real estate company is based in Oslo.
Issuer: | Olav Thon Eiendomsselskap ASA
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Amount: | SEK 500 million
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Description: | Senior bonds
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Tenor: | Two years
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Bookrunner: | Danske Bank
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Coupon: | Three-month Stibor plus 62 bps
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Announcement date: | Aug. 21
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Settlement date: | Sept. 3
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