Successful placement of 3-year bond issue


Reference is made to the stock exchange release dated 16 June 2021, regarding fixed income investor calls commencing on that date.

Today, NORDEN successfully placed USD 100 million in senior unsecured bonds which will mature 28 June 2024. The bonds will pay a coupon of 3 months LIBOR + 4.75% per annum, with quarterly interest payments. The initial placement was made under a USD 150 million frame allowing for additional bonds to be issued. 

Announcement no. 70