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Jotul plans to redeem bonds due 2022 via new three-year bonds
By Marisa Wong
Los Angeles, Sept. 16 – Jotul Holdings SA plans to redeem its existing bond loan due 2022 (ISIN: NO0010815749) using proceeds from an offering of new bonds.
Subsidiary Jotul AS announced on Thursday plans to issue a three-year senior secured floating-rate bond, subject to market conditions.
Based in Fredrikstad, Norway, Jotul makes stoves, inserts and fireplaces.
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