ABG Sundal Collier acted as joint lead manager and bookrunner for the NOK 500m senior unsecured bond issue by Kistefos

Kistefos AS, a private investment company wholly owned by Christen Sveaas, has successfully completed the issuance of new NOK 500m senior unsecured bonds with a framework of NOK 1,500m. The bonds have a floating coupon of 3m NIBOR + 3.65% p.a. and 5-year tenor. The net proceeds from the bond issue will be used together with available cash to refinance KIST08 PRO. The transaction received strong interest and was priced at the company’s lowest margin to date in the Nordic bond market.