Selvaag Bolig ASA: To redeem its NOK 500 million bond issue one year early
Selvaag Bolig has elected to exercise its call option for early redemption in full of its NOK 500 million senior unsecured callable bond issue 2013/2018, ISIN NO 001 068372.5, maturing on 27 June 2018, at 102% of par value. The early redemption of the bond will occur on 27 June 2017. "Our profits and liquidity have developed very positively, and we will have good revenues and results in the time to come," explains Selvaag Bolig CEO Baard Schumann. "This means we have the financial freedom of action we need without the bond loan, and we're redeeming it a year before it finally