Eltek calls all NOK 200 million of senior callable floaters due 2015

By Tali David

Minneapolis, April 8- Eltek ASA called all NOK 200 million of its senior callable floating-rate bond issue 2010/2015, according to a notice.

The bonds will be redeemed at 102 within 30 business days.

The bonds will be refinanced through amendments to existing facility agreements with Nordea. The amendments include an increase of the five-year revolving facility due September 2016 by €26.6 million and an extension of a NOK 400 million revolving overdraft facility to September 2015 from September 2013.

Eltek is a Drammen, Norway-based company that develops, manufactures and markets energy systems for the telecom industry and other industrial applications.

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