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>

<< Aug 2019 >>
MTWTFSS
29 30 31 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

Submarine Networks World 2019

As the key annual gathering for decision makers in the subsea communications value chain, they offer a dedicated platform…

read more >

8th International Conference 2019 Offshore Wind Power Substations

The International Conference Offshore Wind Power Substations is a technical event for experts in the wind industry.

read more >

Wind Turbine Towers

Wind Turbine Towers is a technical event for experts in the wind industry and the goal is to push forward technical development for future tower concepts.

read more >

Seatrade Europe 2019

The three day event will  take place in the hub of the European cruise industry, Hamburg; Germany…

read more >