The Beerenberg Group lists its first bond issue on Oslo Børs today.
The Beerenberg Group has been delivering service solutions to the oil and gas sector for more than 35 years.
The bond loan that is admitted to listing today – Beerenburg Holdco II AS 14/18 FRN C – is an issue of NOK 1,100 million with a floating interest rate of 3 month NIBOR + 5 %, with maturity in June 2018. Danske Bank and Pareto are the managers for the issue.
The Norwegian bond market is growing strongly, and an increasing number of companies are raising loan capital on the Oslo Børs fixed income marketplaces. Companies with bonds and certificates listed on Oslo Børs and Nordic ABM marketplaces have raised more new loan capital this year than ever before.