Chicago, Nov. 28 – M Vest Energy AS completed its issue of NOK 400 million of floating-rate notes due Dec. 12, 2025, according to a notice.
Interest will be Nibor plus 925 basis points.
Arctic Securities AS and Fearnley Securities AS were the joint lead managers.
Proceeds will be used to refinance an existing NOK 275 million bond issue and a NOK 120 million acquisition loan, and any surplus will be used for general corporate purposes.
The issuer is an oil and gas exploration and production company based in Bergen, Norway.
| Issuer: | M Vest Energy AS
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| Amount: | NOK 400 million
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| Issue: | Floating-rate notes
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| Maturity: | Dec. 12, 2025
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| Bookrunners: | Arctic Securities AS and Fearnley Securities AS
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| Coupon: | Nibor plus 925 bps
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| Issue date: | Nov. 25
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