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- Inin Group AS: Successful Placement of Senior Secured Bond Issue
Inin Group AS: Successful Placement of Senior Secured Bond Issue
19 Dec 2023 14:00 CET
Issuer
Inin Group AS
19 December 2023 - Inin Group AS (“Inin” or the “Company”) 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 300m due to a NOK
100m 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.
Pareto Securities acted as Sole Manager and bookrunner in connection with the
bond issue.
For further information, please contact:
Øivind Horpestad, CEO of Inin Group
Telephone: +47 910 00 626
E-mail: oivind@inin.no
About Inin Group AS
Inin Group is a listed investment company operating as an industrial owner with
investments in companies within infrastructure services niches in the Nordics.
The group aims to create value by identifying investment opportunities within
profitable niches with potential for development, consolidation, and growth,
working in collaboration with the platform companies to deliver sustainable
growth and profitability.
For more information, please visit: www.inin.no
More information:
Access the news on Oslo Bors NewsWeb site
Source
Inin Group AS
Provider
Oslo Børs Newspoint
Company Name
ININ GROUP AS
ISIN
NO0010864036
Symbol
ININ
Market
Euronext Growth