NPRO: Successful placement of new senior secured NOK bonds and buy-back of NPRO13
Norwegian Property ASA has successfully issued NOK 150 million with ISIN NO0011091274 (maturity 9 September 2026) at implied issue spread of 3m NIBOR + 81 bps. In conjunction with the bond issue, Norwegian Property ASA has bought back NOK 126 million of NPRO13 with ISIN NO0010856719. The outstanding volume in NPRO13 following the buy-back is NOK 374 million . Settlement date will be 9 September 2021. DNB Markets acted as sole manager for the transactions. For further information, please contact: Haavard Rønning, CFO, +(47) 400 20 019