Brief: Scatec: Successful Placement Of NOK 1,750 Million Senior Unsecured Green Bonds

Scatec ASA

31/01/2024 13:45

Jan 31 (Reuters) - Scatec ASA  SCATC.OL :
    * SUCCESSFUL PLACEMENT OF NOK 1,750 MILLION SENIOR UNSECURED
GREEN
BONDS
    * HAS SUCCESSFULLY ISSUED NOK 1,750 MILLION IN A 4-YEAR
SENIOR
UNSECURED BOND ISSUE WITH A COUPON OF 3 MONTHS NIBOR + 4.25%
P.A. WITH QUARTERLY INTEREST PAYMENTS
    * NET PROCEEDS FROM BOND ISSUE WILL BE APPLIED TOWARDS
ELIGIBLE
ACTIVITIES AS SET OUT IN GREEN FINANCING FRAMEWORK, INCLUDING
PARTIAL BUY-BACK OF OUTSTANDING BONDS

Source text for Eikon:  ID:nGNExcDFF 
Further company coverage:  SCATC.OL 

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