Successful placement of new senior unsecured bond

Schibsted ASA (SCHA/SCHB) , Published 18/11/2021 15:54:54

Schibsted ASA, rated BBB/stable by Scope Ratings, has today successfully issued NOK 1 billion in a new senior unsecured bond with 5 year tenor. The bond issue has a coupon of 3 months Nibor + 0.78% p.a. Settlement is expected to take place on 25 November 2021.

The net proceeds will be used for refinancing of existing debt and general corporate purposes.

DNB Markets acted as sole bookrunner for the transaction.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.


About Schibsted

Schibsted is a family of digital brands with a strong Nordic position, and more than 5,000 employees. Millions of people enjoy interacting with our companies every day through our online marketplaces such as FINN, Blocket and Oikotie; our media houses including Aftenposten, VG and Aftonbladet; and digital services like Lendo. We also help new promising businesses grow. Our joint mission of empowering people in their daily lives is rooted in the values of our media heritage and a legacy of bold change. At our best, we are a fearless force for change in a society built on trust and transparency. 

Schibsted is listed on Oslo Børs and has a sizable investment in Adevinta, a company that was spun off and publicly listed as a separate company on Oslo Børs in 2019.