By Rebecca Melvin
New York, July 9 – Ekornes QM Holding AS issued NOK 2 billion of floating-rate notes due 2023 to yield Nibor plus 7%, and an initial coupon of 8.52%, according to a regulatory notice.
The issue will be listed on the Oslo Stock Exchange on Wednesday.
DNB Market AS, SEB AB and Sparebank 1 Markets were managers of the deal.
The home and office furnishings company is based in Norway.
Issuer: | Ekornes QM Holding AS
|
Issue: | Floating-rate notes
|
Amount: | NOK 2 billion
|
Maturity: | Oct. 2, 2023
|
Coupon: | Nibor plus 7% (8.52% initially)
|
Managers: | DNB Market AS, SEB AB, Sparebank 1 Markets
|
Listing date: | July 10
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.