Estonia, Investments, Tourism, Transport
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Tuesday, 09.06.2026, 12:08
Tallink Grupp issued a 900 mln NOK bond
BC, Tallinn, 04.06.2013.
Print version
Print versionEstonia's largest passenger shipping company AS Tallink Grupp informed the Tallinn stock exchange that on June 3, 2013, it successfully completed the private placement of a NOK 900 million (EUR 118 million) senior unsecured bond, informs LETA.
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The maturity date of the 3M NIBOR+5% floating interest rate bond is 18th of October 2018.
Settlement date of the offering is estimated to be on 18th of June 2013. The proceeds of the bond issue will be used for the refinancing and strengthening of AS Tallink Grupp financial position.
The accompanying currency risk will be hedged with a cross currency swap.
Application will be made for a listing of the Bonds on the Oslo Stock Exchange.
Danske Bank Markets and SEB acted as Managers of the transaction.
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