By Lisa Kerner
Charlotte, N.C., Jan. 13 – Statkraft AS issued NOK 3.3 billion in three tranches in the Norwegian bond market.
The bonds were issued as follows:
• NOK 2.2 billion of five-year floating-rate notes with a coupon of Nibor plus 52 basis points;
• NOK 800 million of fixed-rate notes with maturity in December 2021 and a coupon of 2.03%; and
• NOK 300 million of 12-year fixed-rate notes with a coupon of 2.60%.
Danske Bank Markets, DNB Markets and Handelsbanken Capital Markets acted as joint lead managers for the transaction, according to a company news release.
Oslo-based Statkraft is hydropower, wind power and gas-fired power company.
| Issuer: | Statkraft AS
|
| Issue: | Bonds
|
| Total amount: | NOK 3.3 billion
|
| Managers: | Danske Bank Markets, DNB Markets and Handelsbanken Capital Markets
|
| Distribution: | Private placement
|
|
|
| Tranche 1
|
| Amount: | NOK 2.2 billion
|
| Coupon: | Nibor plus 52 bps
|
| Maturity: | Five years
|
|
|
| Tranche 2
|
| Amount: | NOK 800 million
|
| Coupon: | 2.03%
|
| Maturity: | December 2021
|
|
|
| Tranche 3
|
| Amount: | NOK 300 million
|
| Coupon: | 2.60%
|
| Maturity: | 12 years
|
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