By Rebecca Melvin
New York, Feb. 19 – Ice Group Scandinavia Holdings AS priced NOK 1.4 billion of senior secured notes at an interest rate of three-months Nibor plus 400 basis points, according to a notice.
The proceeds of the new issue will be used to redeem the company’s existing NOK 1.4 billion senior secured bond (ISIN NO0010807092), which has an interest rate of Nibor plus 460 bps.
Arctic Securities, DNB Markets and Pareto Securities are the joint bookrunners of the new issue.
Ice Group is a wireless telecommunications company based in Oslo.
| Issuer: | Ice Group Scandinavia Holdings AS
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| Issue: | Floating-rate senior secured notes
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| Amount: | NOK 1.4 billion
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| Maturity: | March 2025
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| Managers: | Arctic Securities, DNB Markets and Pareto Securities
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| Coupon: | Nibor plus 400 bps
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| Listing date: | April 1
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