Norlandia Care Group AS lists its first bond issue on Oslo Børs today.
The Norlandia Care Group comprises three business sectors: day-care centres, nursing homes and patient hotels and has approx. 2600 employees
The bond loan that is admitted to listing today – Norlandia Care Group AS 13/18 FRN C – is an issue of NOK 500 million with a floating interest rate of 3 month NIBOR + 5 %, with maturity in April 2018. ABG Sundal Collier is the manager 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, and May was the busiest month so far in 2014: New record for the Oslo Børs fixed income marketplaces
