By Rebecca Melvin
Concord, N.H., June 16 – Link Mobility Group ASA sold a €170 million tap issue of 3 3/8% senior bonds due 2025 at par, according to a company news release.
The bonds, when listed, will form one series with €200 million of the bonds issued on Dec. 15, 2020.
ABG Sundal Collier ASA and Danske Bank, Norwegian Branch acted as joint managers and bookrunners in connection with the tap.
The proceeds will be used to partially finance a proposed acquisition and for general corporate purpose.
Link Mobility Group is an Oslo-based provider of mobile solutions and mobile services in the Nordic and Baltic countries.
| Issuer: | Link Mobility Group ASA
|
| Issue: | Tap of senior bonds
|
| Amount: | €170 million
|
| Maturity: | Dec. 15, 2025
|
| Bookrunners: | ABG Sundal Collier ASA and Danske Bank, Norwegian Branch
|
| Coupon: | 3 3/8%
|
| Price: | Par
|
| Yield: | 3 3/8%
|
| Settlement date: | June 23
|
| Total outstanding: | €370 million, including €200 million issued on Dec. 15, 2020
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
