- Home
- Equities - Stocks - Shares
- Company Press Releases
- NPRO: Norwegian Property ASA - Successful Issuance of Senior Secured NOK Bonds
NPRO: Norwegian Property ASA - Successful Issuance of Senior Secured NOK Bonds
18 Sep 2024 13:47 CEST
Issuer
Norwegian Property ASA
Norwegian Property ASA has today successfully issued a new senior secured NOK
545 million bond with 3 year tenor. The bond issue has a coupon of 3 months
Nibor + 1.15% p.a. Settlemement is expected to take place on 1 October 2024,
ISIN: NO0013350538. The net proceeds from the bond issue will be used to
refinance NPRO 16 and for general corporate purposes.
In conjunction with the bond issues, the company has bought back NOK 390 million
of NPRO 16 (ISIN NO0010864952).
DNB Markets acted as manager for the transaction.
For further information, please contact Haavard Rønning, CFO, Mobile +47 400 20
019.
Norwegian Property is a focused and fully integrated office property company
with properties located mainly in the Oslo area in Norway. 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
More information:
Access the news on Oslo Bors NewsWeb site
Source
Norwegian Property ASA
Provider
Oslo Børs Newspoint
Company Name
Norwegian Property ASA 19/26 3,05%, Norwegian Property ASA 19/24 2,666%, Norwegian Property ASA 20/24 FRN, Norwegian Property ASA 20/25 FRN C, Norwegian Property ASA 21/26 2.235 pct, Norwegian Property ASA 21/26 FRN
ISIN
NO0010856818, NO0010864952, NO0010871312, NO0010894785, NO0010907231, NO0010997919, NO0011086969, NO0011091274
Market
Oslo Børs