Norwegian Property ASA: NPRO: Successful placement of new secured bonds
- 3 Y floating rate bond: NOK 500m with a coupon of 3 months Nibor + 0.85%
- 5 Y floating rate bond: NOK 300m with a coupon of 3 months Nibor + 1.15%
- 7 Y fixed rate bond: NOK 150m with a coupon of 3.05% p.a.
The proceeds will be used for refinancing of existing debt and general corporate purposes.
Danske Bank, DNB Markets and SEB acted as Joint Lead Managers for the bond issuance.
For further information, please contact:
Haavard Rønning, CFO, Tel. +47 400 20 019.