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Published on 12/15/2017 in the Prospect News High Yield Daily.

Aker Solutions sets investor meetings ahead of possible krone-denominated 4.5-year notes offering

By Paul A. Harris

Portland, Ore., Dec. 15 – Norway-based Aker Solutions ASA announced in a Friday press release that it will hold meetings with fixed-income investors in early 2018 ahead of a possible bond issue.

The company has mandated DNB Markets, Nordea, SEB and Swedbank to arrange the series of meetings in the Nordic region, starting on Jan. 8.

Following the meetings and subject to market conditions, a 4.5-year senior unsecured krone-denominated transaction may take place.

Proceeds would be used for general corporate purposes.

Aker Solutions, based in Lysaker, Norway, is a provider of products, systems and services to the oil and gas industry.


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