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Bonheur Bond
Based upon strong investor interest, Fred. Olsen’s Bonheur ASA successfully sold an upsized NOK 600 million three-year senior unsecured bond issue last week. With an original borrowing limit of NOK 500 million, the offering of floating rate notes was upsized by a NOK 100 million. Guaranteed by its sister company, Ganger Rolf, the notes were priced at 3 month NIBOR + 400 bps. Proceeds will be used for general corporate purposes.
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Tags: · DnB NOR, DnB NOR Markets, Fred Olsen Energy, Fred. Olsen Cruise Lines, Fred. Olsen Limited, Fred. Olsen Production ASA, Fred. Olsen’s Bonheur ASA, Ganger Rolf, Thomas Larsen
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