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BRIEF-Norwegian Finans: contemplated private placement
February 13, 2017 / 4:11 PM / 9 months ago

BRIEF-Norwegian Finans: contemplated private placement

Feb 13 (Reuters) - Norwegian Finans Holding ASA:

* Contemplated private placement

* Engaged Arctic Securities AS to assist in contemplated private placement through issuance of new shares for total consideration of about 500 million Norwegian crowns ($60 million)

* Minimum application and allocation amount is set to Norwegian crowns equivalent to 100,000 euros ($106,080)

Source text for Eikon:

Further company coverage: ($1 = 8.3788 Norwegian crowns) ($1 = 0.9427 euros) (Gdynia Newsroom)

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