Kistefos AS, a private investment company wholly owned by Christen Sveaas, has successfully completed a NOK 500m senior unsecured bond issue under a NOK 2,000m framework. The bonds carry a floating coupon of 3m NIBOR + 3.00% p.a. and have a 5-year tenor.

The net proceeds will be used, together with available cash, to refinance KIST09 PRO. The transaction attracted strong interest from a broad Nordic investor base. ABGSC would like to congratulate Kistefos on another successful transaction and thank the company for the continued trust!

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