ABG Sundal Collier acted as Joint Bookrunner in connection with the NOK 500 million senior secured bond issue by Fibo Group AS – a company owned by FSN Capital

Fibo Group AS (“Fibo”), a leading provider of high-quality waterproof wet room wall solutions, has successfully issued a three-year senior secured bond of NOK 500 million. The proceeds from the bond issue will be applied for a one-time dividend payment and a full repayment of Fibo’s existing senior secured bond of NOK 250 million maturing in April 2022.
The bond issue attracted significant interest from the Nordics and Europe and the transaction was significantly oversubscribed, allowing for the bonds to price in the low end of range at 3m NIBOR + 6.00%. The bonds will be listed at Oslo Stock Exchange.