Exmar wraps up bond tap issue

Exmar wraps up bond tap issue

Exmar’s Dutch unit, Exmar Netherlands, informed it has completed a tap issue of NOK 300 million in the Norwegian bond market. 

This is the second tranche on the original NOK 700 million bond issued in July 2014, the company said in a statement.

The total nominal amount outstanding in the bond issue will be NOK 1,000 million with maturity in July 2017.

The settlement date for the transaction is expected to be 12th May 2015.

Net proceeds from the transaction will be used to finance investments in LNG infrastructure assets and for general corporate purposes, Exmar said.

DNB Markets and Pareto Securities acted as joint lead managers for the transaction.

1 NOK = 0.13 USD

Image: Exmar

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >