Elkem ASA - Successful placement of senior unsecured NOK bonds
Oslo, 18 August 2021 Reference is made to notification dated 16 August 2021. Elkem ASA has today successfully issued NOK 1,250 million in new unsecured bonds. NOK 750 million has been issued with a tenor of 3.5 years and a coupon of 3 month Nibor + 0.90 % p.a. while NOK 500 million has been issued with a tenor of 5.5 years and a coupon of 3 month Nibor + 1.20 % p.a. The transaction was substantially oversubscribed. Settlement will take place on 25 August 2021. SEB and Swedbank have acted as Joint Lead Managers for the bond issue. This information is subject of the disclosure