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Aker BioMarine Completes Oversubscribed Bond Issue
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Aker BioMarine Completes Oversubscribed Bond Issue

Aker BioMarine ASA (DE:1PG) has released an update.

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Aker BioMarine ASA has successfully raised NOK 1.6 billion through a new bond issue that was oversubscribed and features quarterly interest payments at 3 months NIBOR +4.25% p.a. The funds will facilitate the refinancing of debt, payment of an extraordinary dividend, and support general corporate functions. The financial transaction was facilitated by Arctic Securities, DNB Markets, and Nordea as Joint Lead Managers.

For further insights into DE:1PG stock, check out TipRanks’ Stock Analysis page.

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