Successful placement of new senior unsecured bonds

Schibsted ASA (SCHA/SCHB) , Published 23/03/2022 17:47:18

Schibsted ASA, rated BBB/stable by Scope Ratings, has today successfully issued NOK 1 billion in new senior unsecured bonds with 5.5 and 7 years tenor. A NOK 600 million floating rate bond with 5.5 year tenor and a coupon of 3 months NIBOR +1.20% and a NOK 400 million fixed rate bond with 7 year tenor and a coupon of 3.95% p.a. Settlement date is expected to take place on 30 March 2022. 

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

DNB Markets and SEB acted as joint bookrunners.

Oslo, 23 March 2022
SCHIBSTED ASA

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

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