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Home›News›Sevan Marine: NOK 870 million bond completed
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September 27, 2007 · about 19 years ago

Sevan Marine: NOK 870 million bond completed

Reference is made to the announcement dated September 24, 2007 regarding a bond of NOK 870 million to be issued by Sevan Marine ASA. The bond was completed on Wednesday September 26, 2007 and was oversubscribed. It was placed with Norwegian and international professional investors. The bond will hav

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Reference is made to the announcement dated September 24, 2007 regarding a bond of NOK 870 million to be issued by Sevan Marine ASA. The bond was completed on Wednesday September 26, 2007 and was oversubscribed. It was placed with Norwegian and international professional investors. The bond will have a term of 5 years and will carry an interest rate of NIBOR + 5.5%. The proceeds from the issue will be used to part-finance the construction of the Sevan Voyageur.

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