By Marisa Wong
Los Angeles, Jan. 20 – Aker ASA announced it priced a NOK 500 million tap issue of its outstanding senior bonds due November 2024.
The add-on priced at Nibor plus 225 basis points.
Combined with the NOK 1.5 billion of existing 2024 bonds, the total issue size will be NOK 2 billion.
DNB Markets, Nordea, Pareto and SEB acted as joint lead managers.
Proceeds from the add-on will be used for general corporate purposes.
Aker is an Oslo-based holding company engaged in offshore fishing, construction and engineering.
| Issuer: | Aker ASA
|
| Amount: | NOK 500 million
|
| Maturity: | November 2024
|
| Securities: | Senior bonds, add-on
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| Managers: | DNB Markets, Nordea, Pareto and SEB
|
| Coupon: | Nibor plus 225 bps
|
| Pricing date: | Jan. 20
|
| Settlement date: | Jan. 26
|
| Total issuance: | NOK 2 billion
|
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