Selvaag Bolig ASA: Contemplating issuing new unsecured bonds
Selvaag Bolig ASA is contemplating the issuance of up to NOK 500 million in unsecured bonds in the Norwegian bond market with maturity in June 2018.
Net proceeds from the contemplated bond issue will be used for refinancing of existing debt and for general corporate purposes.
ABG Sundal Collier, DNB Markets and Pareto Securities are acting as joint managers for the proposed bond issue.
Further information from
Baard Schumann, CEO, Selvaag Bolig ASA
Telephone: +47 940 80 000, e-mail: bs@selvaagbolig.no
Haavard Rønning, CFO, Selvaag Bolig ASA
Telephone: +47 400 20 019, e-mail: hroe@selvaagbolig.no
Selvaag Bolig ASA is a residential property developer controlling the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under construction at any given time, and focuses on the growth areas in and around Greater Oslo, Bergen and Stavanger. Selvaag Bolig represents a continuation of the Selvaag's 60-year history and experience, and offers a broad variety of property types marketed under the brand names Start, Hjem and Pluss. The company is headquartered at Løren in Oslo.
www.selvaagbolig.no/investor