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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
Amount:SEK 500 million
Description:Senior bonds
Tenor:Two years
Bookrunner:Danske Bank
Coupon:Three-month Stibor plus 62 bps
Announcement date:Aug. 21
Settlement date:Sept. 3

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