Brief: NAXS Makes USD 3 Mln Investment In New USD 150 Mln Senior Secured Bond Issued By Jackel AS
12/11/2018 10:34
Nov 12 (Reuters) - NAXS AB (publ) NAXS.ST :
* NAXS MAKES A USD 3M INVESTMENT IN A NEW USD 150M SENIOR
SECURED
BOND ISSUED BY JACKEL AS
* BOND HAS A TENOR OF 5 YEARS AND A COUPON OF 10% P.A., WITH
QUARTERLY INTEREST PAYMENTS.
* TOGETHER WITH A SUPER SENIOR BANK FACILITY OF USD 100
MILLION,
BOND WILL BE USED TO REFINANCE OUTSTANDING DEBT OF JACKTEL AS
AND MASTER MARINE AS
Source text for Eikon: ID:nGNE355tMr
Further company coverage: NAXS.ST
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