September 1, 2017 / 1:37 PM / 4 months ago

BRIEF-Norwegian Property with successful placement of new secured bonds

Sept 1 (Reuters) - NORWEGIAN PROPERTY ASA:

* NPRO: SUCCESSFUL PLACEMENT OF NEW SECURED BONDS

* HAS TODAY ISSUED A NEW NOK 570 MILLION, 5 YEAR SENIOR SECURED BOND, WITH A COUPON OF 2.525 % (INCLUDING MARGIN 1.19 %) IN NORWEGIAN BOND MARKET

* PROCEEDS WILL BE USED FOR GENERAL CORPORATE PURPOSES AND REFINANCING OF EXISTING BOND DEBT Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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