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Omda (CSAM Health) moves to redeem floating-rate notes due 2024
Chicago, Nov. 17 – Omda AS is planning to offer a conditional buyback of its NOK 500 million senior secured bonds (ISIN: NO0010893738), according to a notice.
The company plans to call the entire outstanding amount in full utilizing the proceeds from a new issue.
The bonds bore interest at Nibor plus 500 basis points and have been replaced with a new issue for the same amount but with a Nibor plus 600 bps interest rate.
Omda provides specialized software for health care and emergency services in the Nordics. The company recently changed its name from CSAM Health Group AS in September.
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