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Published on 6/24/2020 in the Prospect News High Yield Daily.

Schibsted to price add-on issue of floating-rate notes due 2023

By Marisa Wong

Los Angeles, June 24 – Schibsted ASA plans to price a tap issue of its floating-rate notes due 2023, according to a notice.

Schibsted originally issued NOK 1 billion of the notes in April with a coupon of Nibor plus 240 basis points.

SEB is the manager for the add-on.

The digital consumer brands company is based in Oslo.


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