By Cady Vishniac
Detroit, Nov. 18 – Wallenius Wilhelmsen ASA said it placed NOK 2 billion of bonds due Sept. 9, 2024 with a floating-rate coupon of Nibor plus 575 basis points, according to an announcement.
The initial coupon rate is 6.01%.
Danske Bank Markets, DNB, Nordea, SEB and Swedbank are the managers.
Proceeds will be used to refinance debt and for general corporate purposes.
The Lysaker, Norway-based issuer is a shipping company.
| Issuer: | Wallenius Wilhelmsen ASA
|
| Issue: | Senior bonds
|
| Amount: | NOK 2 billion
|
| Maturity: | Sept. 9, 2024
|
| Lead managers: | Danske Bank Markets, DNB, Nordea, SEB and Swedbank
|
| Coupon: | 6.01% starting rate, Nibor plus 575 bps
|
| Price: | Par
|
| Issue date: | Sept. 9
|
| Listing date: | Nov. 19
|
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