MøllerGruppen AS lists its first bond issue on Nordic ABM today.
MøllerGruppen’s core operations are the import, sales and service of Volkswagen, Audi and Skoda. MøllerGruppen has operations in Norway, Sweden, Estonia, Lithuania and Latvia.
The bond loan that is admitted to listing today – MøllerGruppen AS 14/19 FRN – is an issue of NOK 400 million with a floating interest rate of 3 month NIBOR + 0.8 %, with maturity in November 2019. Nordea Markets and DNB Markets are the managers for the issue.
The Norwegian bond market is growing strongly, and an increasing number of companies are raising loan capital on the Oslo Børs fixed income marketplaces. Companies with bonds and certificates listed on Oslo Børs and Nordic ABM marketplaces have raised more new loan capital this year than ever before.