ABG Sundal Collier acted as Joint Lead Manager and Bookrunner in connection with the issuance of new NOK 850 million senior unsecured bonds for Hospitality Invest AS

Hospitality Invest has successfully completed the issuance of a new NOK 850m senior unsecured bond with a framework of NOK 1,200m. The new bond issue will have a four-year tenor, and the net proceeds will be utilized to refinance the company’s existing HOIN03 bond and for general corporate purposes. The issuance is Hospitality Invest’s fourth bond issue, and the transaction attracted a broad range of high-quality institutional investors. The bonds will have a coupon rate of 3m NIBOR + 500bps.