Brief: Link Mobility: Successful Placement Of New Senior Bond

LINK Mobility Holding ASA

03/12/2020 15:22

Dec 3 (Reuters) - Link Mobility Group Holding ASA  LINKM.OL :
    * SUCCESSFUL PLACEMENT OF NEW SENIOR UNSECURED BOND ISSUE
    * HAS SUCCESSFULLY COMPLETED ISSUANCE OF EUR 200 MILLION SENIOR UNSECURED BONDS, WITH A EUR
350
MILLION BORROWING LIMIT
    * SETTLEMENT IS EXPECTED TO BE 15 DECEMBER 2020, AND BONDS WILL HAVE 5 YEAR TENOR
    * BONDS HAVE A FIXED COUPON OF 3.375% P.A.
    * WILL USE NET PROCEEDS TO REFINANCE EXISTING DEBT AND FOR GENERAL CORPORATE PURPOSES
INCLUDING
ACQUISITIONS

Source text for Eikon:  ID:nObidLxwVa 
Further company coverage:  LINKM.OL 

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