Norsk Hydro
oslo : NHY

June 14, 2012 10:28 ET

Norsk Hydro: Successful Placement of New Bond

OSLO, NORWAY--(Marketwire - Jun 14, 2012) -

Reference is made to the notification sent June 14, 2012 regarding a potential new bond issue by Norsk Hydro ASA.

Norsk Hydro ASA has successfully completed issuance of NOK 1.5 billion in the Norwegian bond market, with maturity July 5, 2019. The coupon rate is 5.40% p.a. There was considerable interest for the new issue.

As previously announced, the purpose of the bond issue is general corporate purposes.

An application will be made for the bonds to be listed at Oslo Børs.

Danske Markets and DNB Markets have acted as Joint Managers for the issuance.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Norsk Hydro via Thomson Reuters ONE [HUG#1619787]

Contact Information

  • For further information, please contact:

    Norsk Hydro
    Stian Hasle
    Tel: 47 97736022

    Danske Markets
    Per Olav Glendrange
    Tel: +47 23139194

    DNB Markets
    Jan Krogh-Vennemo
    Tel: +47 22017789