Schibsted ASA has successfully completed a three tranche NOK 1,900 million senior unsecured bond issue. The net proceeds from the Bonds shall be employed for general corporate purposes, hereunder, partly refinancing of existing debt and acquisitions.
3Y floating rate note: NOK 1,000 m priced at 3m Nibor + 1.00 % p.a.
6Y floating rate note: NOK 600 m priced at 3m Nibor + 1.45 % p.a.
6Y fixed rate: NOK 300 m priced at 2.825 % p.a.
An application will be made for listing of the bond issues on Oslo Børs.
Contact persons:
Jo Christian Steigedal, Head of IR. Tel: +47 415 08 733
Catharina Thorenfeldt, Group Treasurer. Tel: +47 916 86 692
Oslo, 8 June 2017
SCHIBSTED ASA
Espen Risholm
IRO