Kongsberg Gruppen ASA has today issued NOK 500 million in a new bond with a 5 year tenor, maximum issue amount of NOK 1,000 million and a price corresponding to a floating rate coupon of 3m NIBOR + 0.86 % p.a. (ISIN: NO 0010940422). The bonds will be applied for listing on Oslo Stock Exchange.
The proceeds from the bond issue will be used for refinancing of existing debt. In conjunction with the bond issue, the company has repurchased NOK 505 million of KOG08 June 2021 (ISIN: NO0010766504).
Nordea acted as sole manager for the transaction.
For further information, please contact:
Group VP Finance and Treasurer, Dag Eide tel. +47 45805050