Elkem ASA - Successful placement of senior unsecured NOK bonds
Oslo, 18 February 2021 Reference is made to notification dated 15 February 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 years and a coupon of 3 month Nibor + 1.00 % p.a. while NOK 500 million has been issued with a tenor of 5 years and a coupon of 3 month Nibor + 1.30 % p.a. The transaction was substantially oversubscribed. Settlement will take place on 26 February 2021. In connection with the bond issue, Elkem ASA has bought back NOK 419 million in ELK01 (ISIN NO0010838808). SEB and