January 11, 2018 - Reference is made to the announcement on December 15, 2017. Aker Solutions ASA has today successfully completed a NOK 1,500 million senior unsecured bond issue with maturity in July 2022. The bond issue was substantially oversubscribed. The bonds will have a coupon of 3 month Nibor + 3.15% p.a., and will be applied for listing on the Oslo Stock Exchange. Settlement date will be January 25, 2018.
The proceeds will be used for general corporate purposes.
"We are very pleased with a well-executed placement," said Chief Financial Officer Svein Stoknes at Aker Solutions. "We have seen solid investor interest and achieved competitive terms that reflect Aker Solutions' strong credit position."
DNB Markets, Nordea, SEB and Swedbank acted as joint lead managers for the bond issue.
Bunny Nooryani, tel: +47 67 59 42 71, mob: +47 480 27 575, e-mail: firstname.lastname@example.org
Fredrik Berge, tel: +47 22 94 62 19, mob: +47 450 32 090, e-mail: email@example.com
Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Its engineering, design and technology bring discoveries into production and maximize recovery. The company employs approximately 14,000 people in about 20 countries. Go to http://akersolutions.com for more information on our business, people and values.
This press release may include forward-looking information or statements and is subject to our disclaimer, see http://akersolutions.com
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.