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Published on 1/27/2020 in the Prospect News High Yield Daily.

New Issue: Olav Thon sells NOK 200 million five-year bonds at Nibor plus 75 bps

By Marisa Wong

Los Angeles, Jan. 27 – Olav Thon Eiendomsselskap ASA has issued NOK 200 million of new five-year senior bonds with a coupon of three-month Nibor plus 75 basis points, according to a notice.

Swedbank Norway was the manager for the issuance.

The commercial real estate company is based in Oslo.

Issuer:Olav Thon Eiendomsselskap ASA
Amount:NOK 200 million
Description:Senior bonds
Maturity:Five years
Manager:Swedbank Norway
Coupon:Three-month Nibor plus 75 bps
Announcement date:Jan. 27
Settlement date:Feb. 3
Listing:Oslo

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