E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/4/2020 in the Prospect News High Yield Daily.

New Issue: Exmar prices NOK 650 million tap of floaters due 2022

By Rebecca Melvin

New York, Sept. 4 – Exmar NV subsidiary Exmar Netherlands BV has issued a NOK 650 million add-on to its floating-rate senior notes due May 27, 2022, according to a company news release.

The coupon is three-month Nibor plus 875 basis points.

DNB Markets, Nordea and Pareto Securities AS acted as joint lead managers of the tap, which brings total deal size to NOK 1.3 billion.

Exmar is an Antwerp, Belgium-based company that provides LNG, offshore and LPG supply chain solutions.

Issuer:Exmar Netherlands BV
Issue:Senior notes
Amount:NOK 650 million tap
Maturity:May 27, 2022
Lead managers:DNB Markets, Nordea and Pareto Securities AS
Coupon:Three-month Nibor plus 875 bps
Announcement date:Sept. 4
Total deal size:NOK 1.3 billion

© 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.