IFLR1000

Kongsberg Automotive €275 million 5% bond issue

23/7/2018
Investment grade bond/note issue
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€ 275 million

$ 322 million

Completed

23/7/2018

Overview:

  • The issue will be used to refinance existing loan.
  • The transaction also included a €50 million super senior revolving credit facility.
  • JP Morgan acted as a sole global coordinator and bookrunner while Danske Bank acted as a joint bookrunner.
  • The notes are due 2025.

Mihail Georgiev - Data analyst

Jurisdiction:

Norway

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Norway

Industry sector:

Automotive

Firms:
Latham & Watkins

Party: Kongsberg Automotive (Issuer)

Loyens & Loeff

Party: Kongsberg Automotive (Issuer)

Lawyers: Judith Raijmakers, Marco Toni, Martijn Schoonewille

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