By Mary-Katherine Stinson
Lexington, Ky., Sept. 13 – Posten Bring AS priced a two-tranche offering of green bonds totaling NOK 1 billion, according to a notice.
The first tranche, comprised of a NOK 450 million of five-year senior green bonds, was priced with a coupon of Nibor plus 100 basis points, while the second tranche for NOK 550 million of eight-year green bonds was sold with a coupon of 5.134%.
The notice stated the transaction was substantially oversubscribed.
Settlement is slated for Sept. 22.
Handelsbanken Capital Markets and SEB were joint lead managers.
Posten Bring is an Oslo-based Nordic postal and logistics group.
| Issuer: | Posten Bring AS
|
| Amount: | NOK 1 billion
|
| Issue: | Green bonds
|
| Bookrunners: | Handelsbanken Capital Markets and SEB
|
| Announcement date: | Sept. 13
|
| Settlement date: | Sept. 22
|
|
|
| 2028 bonds
|
| Amount: | NOK 450 million
|
| Maturity: | 2028
|
| Coupon: | Nibor plus 100 bps
|
|
|
| 2031 bonds
|
| Amount: | NOK 550 million
|
| Maturity: | 2031
|
| Coupon: | 5.134%
|
|
|
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