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3 months ago
BRIEF-Norwegian Property successful placement of new secured bonds
May 18, 2017 / 1:38 PM / 3 months ago

BRIEF-Norwegian Property successful placement of new secured bonds

May 18 (Reuters) - Norwegian Property Asa:

* NPRO: SUCCESSFUL PLACEMENT OF NEW SECURED BONDS

* PROCEEDS WILL BE USED FOR GENERAL CORPORATE PURPOSES AND REFINANCING OF EXISTING DEBT

* HAS ISSUED NEW NOK 670 MILLION, 7 YEAR SENIOR SECURED BOND

* NORWEGIAN PROPERTY - BONDS SPLIT INTO 1 FIXED RATE TRANCHE OF NOK 450 MILLION PRICED WITH COUPON OF 2.95% AND 1 FLOATING RATE TRANCHE OF NOK 220 MILLION PRICED WITH COUPON OF 3 MONTH NIBOR PLUS 1.44 % P.a Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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