Brief: Storm Real Estate Contemplates Issuance Of Senior Secured Bonds
17/11/2020 07:47
Nov 17 (Reuters) - Storm Real Estate ASA STORM.OL :
* CONTEMPLATES ISSUANCE OF SENIOR SECURED BONDS
* NOK 1,850 MILLION EQUIVALENT SENIOR SECURED BOND
TRANSACTION IN
NOK AND/OR EUR WITH 3 AND/OR 4 YEARS TENOR MAY FOLLOW, SUBJECT
INTER ALIA TO MARKET CONDITIONS
* NET PROCEEDS FROM CONTEMPLATED TRANSACTION WILL BE USED TO
REFINANCE DEBT AS PART OF ACQUISITION OF KMC PROPERTIES AS AND
FOR GENERAL CORPORATE PURPOSES.
Source text for Eikon: ID:nObikVYnGa
Further company coverage: STORM.OL
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