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BRIEF-Schibsted completes NOK 500 million bond issue
February 15, 2017 / 5:03 PM / 10 months ago

BRIEF-Schibsted completes NOK 500 million bond issue

Feb 15 (Reuters) - Schibsted Asa

* Successfully completed a NOK 500 million ($59.95 million) senior unsecured bond issue with maturity date 1 march 2024

* The bond issue has a floating rate coupon of 3 months Nibor plus 1.20 pct p.a.

* The purpose of the bond issue is refinancing of existing debt

* On Feb 14, Schibsted said it may also issue a 10-year bond in addition to the 7-year bond Source text for Eikon: Further company coverage: ($1 = 8.3399 Norwegian crowns)

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