Aker Solutions ASA: Contemplated Tap Issue
August 27, 2019 – Aker Solutions ASA is contemplating a tap issue of up to NOK 500 million in the outstanding senior unsecured bond "AKSO04" (ISIN NO0010853286) with maturity date on June 3, 2024.
The current outstanding amount is NOK 1,000 million and the borrowing limit is NOK 1,500 million. The net proceeds from the contemplated tap issue will be used for general corporate purposes.
In conjunction with the contemplated tap issue, Aker Solutions ASA may consider buyback of bonds in "AKSO02" (ISIN NO0010661051) for an amount of up to NOK 500 million.
DNB Markets, Nordea and SEB have been engaged as joint lead managers for the contemplated transaction.
Ivar Simensen, mob: +47 464 02 317, email: firstname.lastname@example.org
Fredrik Berge, mob: +47 450 32 090, email: email@example.com
Aker Solutions helps the world meet its energy needs. We engineer the products, systems and services required to unlock energy. Our goal is to maximize recovery and efficiency of oil and gas assets, while using our expertise to develop the sustainable solutions of the future. Aker Solutions employs approximately 16,000 people in more than 20 countries.
This press release may include forward-looking information or statements and is subject to our disclaimer, see https://akersolutions.com
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.