CFI Stavanger Holdings NKr1.6 billion 3.91% senior secured bond issue

9/6/2015
Acquisition finance, Investment grade bond/note issue

NKr 1.6 billion

$ 187.292 million

Completed

9/6/2015


Overview:

  • CFI Stavanger Holdings completed the issue of a NKr1.6 billion 3.91% senior secured bond.
  • The proceeds were used to help finance Stavanger's acquisition of Statoil's headquarters in Forus for a total consideration of approximately NKr2.5 billion.
  • Stavanger is managed by US real estate investment firm Colony Capital.

Kurt Stumpo - Journalist

Jurisdiction:

Norway

Deal types:

Acquisition finance
Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Norway

Industry sector:

Real estate


Firms:

Party: Colony Capital (Issuer)


Party: Pareto Securities (Manager)

Lawyer: Einar Grette