NPRO: Agreed issuance of two new senior secured bonds
Norwegian Property has today agreed issuance of two new senior secured bonds with the total amount of NOK 2 000 million to refinance bonds maturing 10th January 2025.
One of the new loans is NOK 800 million with a tenor of 3 years and the other loan is NOK 1 200 million with a tenor of 7 years . Both loans are secured with a mortgage in Martin Linges vei 33.
For further information, please contact:
Haavard Rønning, CFO, mobile. +47 400 200 19, e-mail: hr@npro.no
This information is subject of the disclosure requirements according to §5-12 of the Norwegian Securities Trading Act (’Verdipapirhandelloven’).
Norwegian Property is a focused and fully integrated office property company with properties located mainly in the Oslo area in Norway. The portfolio is characterized by central location and attractive premises with high quality tenants. The group’s properties consist largely of office premises, associated warehousing and car parking, as well as retail and catering space. The company has identified four value drivers for long-term value creation; Marketing & letting, Property management, Property development and Transactions & finance.
www.npro.no