Aker Solutions ASA: completes bond issue
Published by David Bizley,
Editor
Oilfield Technology,
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 Chief Financial Officer Svein Stoknes 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.
Read the article online at: https://www.oilfieldtechnology.com/special-reports/15012018/aker-solutions-asa-completes-bond-issue/
You might also like
TotalEnergies increases its interest in giant field Moho and divests two mature assets
TotalEnergies announces that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses.