Inin Group AS has successfully placed a new NOK 200 million senior secured bond issue with a 3-year tenor. The new bond will carry a floating interest rate of 3m Nibor + 8.00% per annum. The transaction attracted strong interest from Nordic and international investors.

The total potential framework amount under the bond is NOK 300 million due to a NOK 100 million tap frame. Net proceeds from the potential bond issue will be employed towards current and future M&A payments, partial repayment of existing RCF and general corporate purposes.