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Aker Solutions plans up to NOK 500 million add-on to bonds due 2024
By Marisa Wong
Los Angeles, Aug. 27 – Aker Solutions ASA is considering a tap issue of up to NOK 500 million of its senior bonds due June 3, 2024.
DNB Markets, Nordea and SEB are joint lead managers.
There are NOK 1 billion of the bonds outstanding, and the limit on the bonds is NOK 1.5 billion.
Proceeds from the add-on will be used for general corporate purposes.
Aker said it may, in connection with the proposed tap issuance, consider repurchasing some existing bonds for up to NOK 500 million.
Aker is an engineering company based in Oslo.
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