Capital/Financing Update • Mar 27, 2025
Capital/Financing Update
Open in ViewerOpens in native device viewer
Public Property Invest ASA Successfully Increases of NOK and SEK Senior Unsecured Bonds
Public Property Invest ASA ("PPI"), rated BBB (Stable) by Fitch, has today
successfully tapped the following bond issues:
* SEK 550 million in XS2995509077 with maturity date 5 February 2028 at a
spread equivalent of 3 months Stibor +1.85% p.a. The outstanding volume
after the transaction will be SEK 800 million.
* NOK 200 million in NO0013471730 with maturity date 5 February 2028 at a
spread equivalent of 3 months Nibor+1.85% p.a. The outstanding volume after
the transaction will be NOK 500 million.
The tap issues have been issued under PPI's EUR 2bn EMTN programme dated 25
November 2024. The net proceeds from the tap issues will be used for general
corporate purposes.
DNB Markets, Nordea and SEB acted as Joint Lead Managers in connection with
the successful transactions.
Contact: André Gaden, CEO, [email protected], phone, +47 93037322 or
Marianne Aalby, EVP Finance and ESG, [email protected], phone, +47
92614477
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.