Nordic Capital Partners II AS has completed a new secured bond issue of NOK 400 million with 3 years tenor to refinance the existing bond outstanding.
The terms were set to +625bps and was oversubscribed by almost 2x. The net proceeds from the bond issue will be employed to refinance the existing bond, fund the debt service account and for general corporate purposes. Arctic Securities AS acted as manager in connection with the placement of the new bond issue.