Published on 3/31/2020 in the Prospect News High Yield Daily.
New Issue: Ice Group prices NOK 900 million tap of floating-rate notes due 2023
By Marisa Wong
Los Angeles, March 31 – Ice Group Scandinavia Holdings AS priced a NOK 900 million tap issue of its 2019 floating-rate notes due Oct. 10, 2023, according to a notice.
The notes bear interest at Nibor plus 800 basis points.
DNB Bank ASA, DNB Markets and Pareto Securities AS are the managers.
Ice Group is a wireless telecommunications company based in Oslo.
Issuer: | Ice Group Scandinavia Holdings AS
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Issue: | Floating-rate notes, tap issue
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Amount: | NOK 900 million
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Maturity: | Oct. 10, 2023
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Managers: | DNB Bank ASA, DNB Markets and Pareto Securities AS
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Coupon: | Nibor plus 800 bps
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Listing date: | April 1
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