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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Ratings

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Marine Harvest ASA Completes Placement of Unsecured Bond Issue

Thursday, 28 Feb 2013 02:01am EST 

Marine Harvest ASA announced that it has completed an unsecured bond issue of NOK 1,250 million with maturity in March 2018. The settlement date for the bond issue is expected to be March 12, 2013. The bond carries an interest of three-month NIBOR plus 3.5%. An application will be made for the bonds to be listed on the Oslo Stock Exchange. The proceeds from the bond issue will be used to part-finance the acquisition of Morpol ASA and for general corporate purposes. DNB Markets, Nordea Markets, Pareto Securities and Swedbank First Securities acted as Joint Lead Managers in the bond issue.