Norwegian Property ASA has successfully issuedNOK 100 million in a tap issue of NPRO09 with ISIN NO0010799547 (maturity12 July 2024 ) at an issue price of 103.035% and implied issue spread of approximately 3m NIBOR + 62 bps. Total outstanding amount in NPRO09 following the tap issue isNOK 400 million . Settlement date will be6 September 2021 . In conjunction with the bond issue,Norwegian Property ASA has bought backNOK 85 million of NPRO10 with ISIN NO0010805104. The outstanding volume in NPRO10 following the buy-back isNOK 485 million . DNB acted as Manager for the issuance. For further information, please contact:Haavard Rønning , CFO, +(47) 400 20 019Norwegian Property is a focused and fully integrated office property company with properties located mainly in theOslo area inNorway . The portfolio is characterized by central location and attractive premises with high quality tenants. The group's properties consist largely of office premises, associated warehousing and car parking, as well as retail and catering space. The company has identified four value drivers for long-term value creation; Marketing & letting, Property management, Property development and Transactions & finance. www.npro.no
Click here for more information
© Oslo Bors ASA, source