By Lisa Kerner
Charlotte, N.C., June 22 – Statkraft AS announced it issued bonds totaling NOK 1.15 billion under its euro medium-term note program.
The bonds were issued as:
• NOK 700 million of five-year bonds with a floating-rate coupon equal to three-month Nibor plus 60 basis points; and
• NOK 450 million of 10-year bonds with a fixed coupon of 3.12%.
An application will be made for the bonds to be listed on the Oslo Stock Exchange.
DNB Markets, Nordea Markets and SEB acted as joint lead arrangers.
Oslo-based Statkraft is a hydropower, wind power and gas-fired power company.
Issuer: | Statkraft AS
|
Issue: | Bonds
|
Amount: | NOK 1.15 billion
|
Arrangers: | DNB Markets, Nordea Markets, SEB
|
|
Amount: | NOK 700 million
|
Coupon: | Three-month Nibor plus 60 bps
|
Maturity: | Five years
|
|
Amount: | NOK 500 million
|
Coupon: | 3.12%
|
Maturity: | 10 years
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.