Article
ABG Sundal Collier acted as joint manager and bookrunner for the NOK 1,500m senior unsecured bond issue by Kistefos AS
Transactions
Kistefos AS, a private investment company wholly owned by Christen Sveaas, has successfully completed the issuance of new NOK 1,500m senior unsecured bonds. The bonds have a floating coupon of 3m NIBOR + 5.75% p.a. and four-year tenor. The net proceeds from the bond issue will be used to refinance KIST06 PRO and for general corporate purposes.
This is the 9th bond issue by Kistefos and the 6th time ABGSC has acted as manager to Kistefos in connection with a primary transaction (in addition to tap issues).