The transaction was substantially oversubscribed and split into two tranches:
- 5Y
NOK 1,150 million floating rate note with a coupon of 3m Nibor + 0.64 % p.a. - 5Y
NOK 1,000 million fixed rate note with a coupon of 2.41% p.a.
The net proceeds will be used for general corporate purposes, including refinancing of debt. An application will be made for the bonds to be listed on Oslo Børs.
In conjunction with the new bond issuance,
Danske Bank acted as Sole Bookrunner for the bond issuance.
For more information, please contact:
Mobile: (+47) 414 02 153
E-mail: liv.bergh@yara.com
Mobile: (+47) 957 04 843
E-mail: silje.nygaard@yara.com
About Yara
Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger and a planet respected, we pursue a strategy of sustainable value growth, promoting climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is focused on growing a climate positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.
To achieve our ambition, we have taken the lead in developing digital farming tools for precision farming, and work closely with partners throughout the food value chain to improve the efficiency and sustainability of food production. Through our focus on clean ammonia production, we aim to enable the hydrogen economy, driving a green transition of shipping, fertilizer production and other energy intensive industries.
Founded in 1905 to solve the emerging famine in
www.yara.com
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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