BlueNord: Successful Placement of USD 300 Million Senior Unsecured Bond Issue and Redemption of BNOR14
Oslo, 13 June 2024: BlueNord ASA (“BlueNord” or the “Company”) is pleased to announce that it has successfully completed a new 5-year senior unsecured bond issue of USD 300 million with a coupon rate of 9.5% percent, issued at par. The bond issue attracted strong interest from Nordic and international investors, was significantly oversubscribed and priced at the bottom end of the initial price indications. The net proceeds from the contemplated bond issue will be used to refinance the Company’s existing BNOR14 USD 175m senior unsecured bonds (ISIN NO 0010870900) and for general corporate