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Published on 10/17/2019 in the Prospect News High Yield Daily.

New Issue: Olav Thon sells NOK 100 million more 2.62% bonds due 2024

By Marisa Wong

Los Angeles, Oct. 17 – Olav Thon Eiendomsselskap ASA has issued an additional NOK 100 million of 2.62% bonds due Sept. 25, 2024, according to a notice.

This brings the total amount of the bonds to NOK 500 million. The original NOK 400 million was issued on Sept. 25.

SEB was the manager for the add-on.

The commercial real estate company is based in Oslo.

Issuer:Olav Thon Eiendomsselskap ASA
Amount:NOK 100 million
Description:Bonds, add-on
Maturity:Sept. 25, 2024
Manager:SEB
Coupon:2.62%
Announcement date:Oct. 17
Settlement date:Oct. 21
Total issuance:NOK 500 million, including NOK 400 million issued on Sept. 25

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