Aker ASA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Aker ASA Announces Placement of Bonds
Aker ASA announced, with reference to the announcement from June 28, 2012, regarding the completion of a NOK 600 million bond issue by Ocean Yield AS, a 100% owned subsidiary of the Company, the company subscribed for NOK 100 million of the total issue volume of NOK 600 million. The NOK 100 million has now been sold in the market, at a price of 100.40. The settlement date is expected to be August 31, 2012. The net proceeds will be used to finance growth and for general corporate purposes. The bonds have a floating coupon of three month NIBOR + 6.50% per year and final maturity date on July 6, 2017. DNB Markets and Pareto Securities acted as lead arrangers of the placement.
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