Edition:
United Kingdom

Aker Solutions completes NOK 1.5 bln bond issue


Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Aker Solutions Asa ::AKER SOLUTIONS ASA: SUCCESSFULLY COMPLETED BOND ISSUE.‍SUCCESSFULLY COMPLETED A NOK 1,500 MILLION SENIOR UNSECURED BOND ISSUE WITH MATURITY IN JULY 2022​.‍BOND ISSUE WAS SUBSTANTIALLY OVERSUBSCRIBED. BONDS WILL HAVE A COUPON OF 3 MONTH NIBOR + 3.15% P.A​.‍PROCEEDS WILL BE USED FOR GENERAL CORPORATE PURPOSES​.‍WE HAVE SEEN SOLID INVESTOR INTEREST AND ACHIEVED COMPETITIVE TERMS THAT REFLECT AKER SOLUTIONS' STRONG CREDIT POSITION​.‍DNB MARKETS, NORDEA, SEB AND SWEDBANK ACTED AS JOINT LEAD MANAGERS FOR BOND ISSUE​.