Morpol ASA has completed the issuance of an unsecured bond issue

January 19, 2011 09:24

Morpol ASA has completed the issuance of a NOK 500 million unsecured bond issue in the Norwegian bond market, reports with reference to Morpol.

The settlement date is 3 February 2011 and the maturity date 3 February 2014. The bond issue was oversubscribed. An application will be made for the bonds to be listed on Oslo Stock Exchange. Net proceeds from the bond issue will be used for general corporate purposes. ABG Sundal Collier, DnB NOR Markets and Pareto Securities are joint lead managers of the bond issue.

For further information, please contact:

Steven Rafferty, Chief Financial Officer, Morpol ASA, tel.:+47 97 66 41 04
Marius Flaaten, Bond Sales, ABG Sundal Collier, tel.: +47 22 01 60 25
Jan Krogh-Vennemo, Bond Sales, DnB NOR Markets, tel.: +47 22 01 77 89
Inge Edvardsen, Bond Sales, Pareto Securities, tel.: +47 22 87 87 71

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