Aker Solutions Raises NOK 1.5 Bln

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

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 2 3 4 5

M&CCE Expo Marine & Coastal Civil Engineering 2020

This conferences, events, demos, and competitions provide a productive background buzz throughout M&CCE…

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >

Subsea Expo 2020

Subsea Expo is the world’s largest subsea exhibition and conference and is completely free to attend.

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >