By Marisa Wong
Los Angeles, Nov. 6 – Crayon Group Holding ASA announced it priced NOK 300 million of senior bonds, with a NOK 600 million borrowing limit, at three-month Nibor plus 350 basis points.
Danske Bank and SpareBank 1 Markets acted as joint bookrunners.
Proceeds will be used to refinance some existing bonds and for general corporate purposes.
Settlement is slated for Nov. 21.
Crayon Group is an Oslo-based cloud software management and consulting company.
| Issuer: | Crayon Group Holding ASA
|
| Issue: | Senior bonds
|
| Amount: | NOK 300 million
|
| Maturity: | Nov. 21, 2022
|
| Bookrunners: | Danske Bank and SpareBank 1 Markets
|
| Coupon: | Nibor plus 350 bps
|
| Announcement date: | Nov. 6
|
| Settlement date: | Nov. 21
|
© 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.
