Elkem ASA - Successful placement of senior unsecured NOK bonds
Oslo, 5 September 2024 Reference is made to the stock exchange notice dated 2 September 2024. Elkem ASA has today successfully issued NOK 1,500 million of new senior unsecured bonds. NOK 400 million has been issued with a tenor of 3 years and a coupon of 3 month Nibor + 1.25 % per annum, NOK 800 million has been issued with a tenor of 5 years and a coupon of 3 month Nibor + 1.55 % per annum, and NOK 300 million has been issued with a tenor of 7 years and a coupon of 3 month Nibor + 1.75 % per annum. The transaction was oversubscribed. Settlement will take place on 17 September 2024.