31.10.2017 17:08:34
|
Norsk Hydro: Successful placement of new bonds
Reference is made to the announcement on October 18, 2017. Norsk Hydro ASA has successfully issued senior unsecured bond issues in total of NOK 3.0 billion and SEK 3.0 billion. The transaction is split on five tranches:
- 2Y SEK 1 billion fixed rate note with a coupon of 0.125% p.a. (0.18% reoffer yield)
- 3Y SEK 1 billion floating rate note with a coupon of 3m Stibor + 0.75% p.a. (reoffer spread 3m Stibor + 0.52% p.a.)
- 5Y SEK 1 billion fixed rate note with a coupon of 1.00% p.a. (1.115% reoffer yield)
- 5Y NOK 2 billion floating rate note with a coupon of 3m Nibor + 0.75% p.a. (reoffer spread 3m Nibor + 0.75% p.a.)
- 7Y NOK 1 billion fixed rate note with a coupon of 2.5% p.a. (2.548% reoffer yield)
"We are very pleased with the process and to have completed such a successful placement of bonds. Interest from investors has been strong and we believe we have accomplished highly competitive terms", says CFO Eivind Kallevik.
As previously announced the purpose of the bond issues are general corporate purposes and refinancing of debt raised in connection with the acquisition of Sapa AS.
An application will be made for the bonds to be listed at Oslo Børs.
DNB Markets, Handelsbanken Capital Markets and Nordea have acted as Joint Lead Managers for the issuance.
Investor contact
Contact Stian Hasle
Cellular +47 97736022
E-mail Stian.Hasle@hydro.com
Corporate Finance
Contact Peik Norenberg
Cellular +47 91761556
E-mail Peik.Norenberg@hydro.comThis information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Norsk Hydro via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Norsk Hydro via Globenewswire
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Norsk Hydro ASAmehr Nachrichten
23.10.24 |
Ausblick: Norsk Hydro ASA legt Zahlen zum jüngsten Quartal vor (finanzen.net) | |
09.10.24 |
Erste Schätzungen: Norsk Hydro ASA stellt Zahlen zum jüngsten Quartal vor (finanzen.net) | |
22.07.24 |
Ausblick: Norsk Hydro ASA stellt Quartalsergebnis zum abgelaufenen Jahresviertel vor (finanzen.net) | |
08.07.24 |
Erste Schätzungen: Norsk Hydro ASA gibt Ergebnis zum abgelaufenen Quartal bekannt (finanzen.net) |