By Marisa Wong
Morgantown, W.Va., June 21 – Otiga Group AS issued NOK 315 million of bonds due July 8, 2022 with a coupon of Nibor plus 900 basis points, according to a notice.
Pareto Securities and Danske Bank, Norwegian branch acted as joint lead managers.
Proceeds will be used to refinance some existing bonds and for general corporate purposes.
Otiga is a staffing services company based in Oslo.
| Issuer: | Otiga Group AS
|
| Issue: | Bonds
|
| Amount: | NOK 315 million
|
| Maturity: | July 8, 2022
|
| Lead managers: | Pareto Securities and Danske Bank, Norwegian branch
|
| Coupon: | Nibor plus 900 bps
|
| Announcement date: | June 21
|
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