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Published on 11/9/2017 in the Prospect News High Yield Daily.

Norway’s Link eyes roadshow for €30 million tap of 4¾% notes due 2022

By Susanna Moon

Chicago, Nov. 9 – Link Mobility Group ASA is considering a €30 million tap issue of its 4¾% secured notes due Feb. 24, 2022.

Link has mandated ABG Sundal Collier ASA and Danske Bank to arrange a series of fixed-income investor meetings in the Nordics beginning Friday, according to a company notice.

Proceeds would be used to provide “funding for future acquisitions in line with the acquisition strategy towards 2018,” the company said.

As announced Feb. 10, Link issued €50 million of the 4¾% senior secured bonds due 2022 in the Nordic bond market, with a €175 million borrowing limit.

Link Mobility Group ASA is an Oslo-based provider of mobile solutions and mobile services in the Nordic and Baltic countries.


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