Norwegian Property ASA launching bonds
Norwegian Property ASA announced in the fourth quarter report for 2006 an overall refinancing plan. One element of the refinancing is issuance of bonds in the Norwegian capital markets for an amount of approximately NOK 2.1 billion in order to refinance five of the group's properties, including two of the recently acquired Nydalen properties. As announced DnB NOR Markets, Fokus Markets, Nordea Markets and SEB Merchant Banking has been mandated as joint lead arrangers. The transaction will consist of 2 tranches, and expected payment date of the bonds are 7 March 2007. Main terms are