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Published on 8/30/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Norwegian Property uses tap issue to redeem NOK 85 million of notes

Chicago, Aug. 30 – Norwegian Property ASA used a tap issue of floating-rate notes due 2024 in the amount of NOK 100 million to repurchase NOK 85 million from its NPR010 bonds (ISIN: NO0010805104), according to a listing notice.

After the buyback, there will be NOK 485 million of the bonds outstanding.

Based in Oslo, Norwegian Property is a real estate company.


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