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General: Successful Placement of New Unsecured Bond Issue

Posted on 06.02.2014 - 07:15 EST in GENERAL NEWS by ginamc

DOF ASA DOF ASA has successfully completed a new unsecured bond issue of NOK 700 million, with a borrowing limit of NOK 800 million, and a maturity date in February 2018 with a coupon of NIBOR + 4.75%. An application will be made for the bonds to be listed on the Oslo Stock Exchange. 

DOF ASA Net proceeds from the new bond issue will be used to refinance existing bonds and for general corporate purposes. 

In connection with the placement of the new bond issue, DOF ASA has bought back bonds with nominal value of NOK 234,5 million in the existing bond issue DOF08 (ISIN: NO 001059278.5) with maturity in March 2015 at a price of 104. 

Nordea Markets, Pareto Securities and Swedbank acted as joint lead arrangers in connection with the placement of the new bond issue. 


For further information, please contact: 
Mons Aase, CEO, Tel: +47 56 18 10 12 
Hilde Drønen, CFO, Tel: +47 56 18 10 09

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