By Sarah Lizee
Olympia, Wash., Nov. 27 – OKEA AS placed $120 million of 8¾% five-year bonds at an issue price of 99, according to a company announcement.
DNB Markets acted as global coordinator and joint bookrunner, and SpareBank 1 Markets AS acted as joint bookrunner.
OKEA is a Trondheim, Norway-based oil and gas company.
| Issuer: | OKEA AS
|
| Issue: | Bonds
|
| Amount: | $120 million
|
| Maturity: | Five years
|
| Bookrunners: | DNB Markets (global coordinator) and SpareBank 1 Markets AS
|
| Coupon: | 8¾%
|
| Announcement date: | Nov. 27
|
| Settlement date: | Dec. 11
|
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