Borregaard ASA Successfully Issues NOK 100 Million Paper
Borregaard ASA Launches New Commercial Paper
Borregaard ASA has made a significant move by issuing a commercial paper with ISIN NO0013511808, amounting to NOK 100,000,000. This strategic decision highlights the company’s ongoing commitment to ensuring robust financial operations.
Details of the Issuance
The newly issued commercial paper starts on a date that allows for ample market engagement. Set to mature in just a few months, this issuance is part of Borregaard's financial strategy aimed at optimizing capital management and enhancing liquidity.
Financial Terms
Investors will find the coupon set at an attractive rate of 4.78%. Such a rate may appeal to various stakeholders in the market, enhancing investor interest and confidence in Borregaard's financial stability.
Underwriting and Organization
The organization of this issuance has been managed by DNB Markets, a reputable player in the financial services market. Their involvement signifies a strong backing for this commercial paper, indicating confidence in Borregaard's prospects.
Corporate Communication
The announcement was made in Sarpsborg, showcasing Borregaard’s strategic positioning within the Norwegian economy. The company continues to play a vital role in local and international markets, demonstrating resilience and innovative financial strategies.
Key Contact Information
For inquiries regarding this issuance, Director of Investor Relations, Knut-Harald Bakke, can be reached at +47 905 79 164. This direct line is an essential point of contact for investors seeking further details regarding their financial investments.
Frequently Asked Questions
What is the purpose of the commercial paper issued by Borregaard ASA?
The issuance aims to optimize capital management and enhance liquidity for Borregaard ASA.
What are the financial terms of the newly issued commercial paper?
The commercial paper has a value of NOK 100,000,000 with a coupon rate of 4.78%.
Who organized the issuance of the commercial paper?
DNB Markets organized the commercial paper issuance for Borregaard ASA.
Where was the announcement about the commercial paper made?
The announcement was made in Sarpsborg, Norway.
Who can I contact for more information regarding the issuance?
For more information, you can contact Knut-Harald Bakke, Director of Investor Relations, at +47 905 79 164.
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