Aker Solutions Raises NOK 1.5 Bln

Svein Stoknes, CFO at Aker Solutions

Aker Solutions said it has completed a NOK 1,500 million (approximately $186.3 million) senior unsecured bond issue with maturity in July 2022.

The bond issue was substantially oversubscribed.

The bonds will have a coupon of 3 month Nibor + 3.15% p.a., and will be applied for listing on the Oslo Stock Exchange.

Settlement date will be January 25, 2018.

The proceeds will be used for general corporate purposes.

“We are very pleased with a well-executed placement,” said Svein Stoknes, chief financial officer at Aker Solutions. “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 the bond issue.

Share this article

Follow Subsea World News


<< Mar 2018 >>
26 27 28 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

The Offshore Technology Conference (OTC) 2018

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific…

read more >

OTC Asia 2018

The biennial OTC Asia is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge…

read more >

NAPEC 2018

North Africa Petroleum Exhibition and Conference – NAPEC is the largest oil and gas exhibition & conference in Africa focusing on the north Africa Market…

read more >

Pipeline Energy Expo 2018

The conference will offer prime opportunities for pipeline professionals to learn, network, and seek innovative solutions and products…

read more >