By Devika Patel
Knoxville, Tenn., Aug. 16 – Helgeland Kraft AS (Scope Ratings: BBB) sold NOK 300 million of six-year green senior bonds, according to a press release.
Interest accrues at Nibor plus 123 basis points.
DNB Markets was the arranger.
The Mosjoen, Norway-based company is a hydro-electric power producer.
| Issuer: | Helgeland Kraft AS
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| Amount: | NOK 300 million
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| Issue: | Green senior bonds
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| Maturity: | Aug. 23, 2028
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| Arranger: | DNB Markets
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| Coupon: | Nibor plus 123 bps
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| Announcement date: | Aug. 16
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| Settlement date: | Aug. 23
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| Rating: | Scope Ratings: BBB
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