Borregaard ASA Announces Commercial Paper Issuance
Borregaard ASA has successfully executed the issuance of a commercial paper under the ISIN NO0013536136, amounting to NOK 200,000,000. This strategic move signifies the company's commitment to strengthening its financial platform and supporting ongoing operations.
Key Details of the Commercial Paper
The newly issued commercial paper has specific characteristics tailored to the financial market's needs. The start date for this commercial paper is set for the 14th of April, 2025, with a maturity date fixed for 14th October, 2025. Investors can expect a competitive coupon rate of 4.89%, making it an attractive option for those looking to invest in stable securities.
Organizational Support for the Issuance
DNB Markets has been appointed to organize the issuance of this commercial paper. Their expertise in the financial market plays a crucial role in ensuring a smooth transaction process and maintaining investor confidence. This collaboration highlights Borregaard ASA's proactive approach towards financial management.
Investor Relations Contact Information
For further inquiries regarding this commercial paper issuance, investors and stakeholders can connect with Borregaard ASA's Director of Investor Relations, Knut-Harald Bakke. He is available at +47 905 79 164 to provide detailed information and assistance regarding the company and its financial instruments.
Regulatory Compliance
This issuance of commercial paper is in adherence to the disclosure requirements set forth by section 5-12 of the Norwegian Securities Trading Act. Borregaard ASA consistently aims to operate transparently, ensuring all regulatory obligations are met effectively.
Frequently Asked Questions
What is the amount of the commercial paper issued by Borregaard ASA?
Borregaard ASA has issued a commercial paper totaling NOK 200,000,000.
What is the coupon rate for this commercial paper?
The coupon rate for the new commercial paper is set at 4.89%.
Who is responsible for organizing the issuance?
DNB Markets is tasked with organizing the issuance of the commercial paper.
What are the start and maturity dates for the commercial paper?
The start date is April 14, 2025, with maturity set for October 14, 2025.
Where can I find more information about Borregaard ASA?
For more information, you can contact Knut-Harald Bakke, the Director of Investor Relations, at +47 905 79 164.
