M Vest Energy AS – Successful placement of new NOK senior secured bond

25 Nov 2022 18:14 CET

M Vest Energy AS has today successfully completed a new senior secured bond
issue of NOK 400,000,000, with an expected maturity date 12 December 2025. The
bonds will have a margin of 9.25% relative to 3M NIBOR. The net proceeds from
the bond issue will be applied for refinancing of the existing NOK 275,000,000
bond issue (ISIN: NO0010907751), a NOK 120,000,000 acquisition loan, and any
surplus shall be applied for general corporate purposes.

Arctic Securities AS and Fearnley Securities AS acted as joint lead managers in
connection with the placement of the bond issue.


Source

M Vest Energy AS

Provider

Oslo Børs Newspoint

Company Name

M Vest Energy AS 20/30 8 C

ISIN

NO0010907751

Market

Nordic Alternative Bond Market