Norway’s Bulk Industrier taps Arctic Securities, plans to sell krone-denominated secured bonds

By Paul A. Harris

Portland, Ore., May 23 – Oslo-based investment company Bulk Industrier AS announced in a Wednesday press release that it mandated Arctic Securities to arrange a series of meetings in the Nordic region with fixed income investors starting Friday.

A possible krone-denominated four-year senior secured bond offering may follow, pending market conditions.

Proceeds would be used to refinance debt and for general corporate purposes.

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