Eksportfinans sells TRY50 million three-year bonds

By Reshmi Basu

New York, Jan. 20 - Eksportfinans ASA said it sold 50 million in Turkish lira-denominated bonds.

The bonds, with a maturity date of Feb.7, 2008, were aimed at retail investors, particularly in Europe.

The issue priced at 100.07 and carried a coupon of 13 ½%.

The sale was managed by TD Securities, London. DZ Bank, Dresdner Bank, Fortis Bank, KBC Bank and Rabobank also made up the syndicate.

Eksportsfinans is a Norwegian export credit agency.

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