Norsk Hydro ASA has successfully completed issuance of NOK 1.5 billion in the Norwegian bond market, with maturity July 5, 2019. The coupon rate is 5.40% p.a. There was considerable interest for the new issue.
As previously announced, the purpose of the bond issue is general corporate purposes.
An application will be made for the bonds to be listed at Oslo Børs.
Danske Markets and DNB Markets have acted as Joint Managers for the issuance.
For further information, please contact:
Norsk Hydro
Stian Hasle
Tel: +47 97736022
Danske Markets
Per Olav Glendrange
Tel: +47 23139194
DNB Markets
Jan Krogh-Vennemo
Tel: +47 22017789
Published: June 14, 2012