Kongsberg Automotive Holding ASA (KGAUF) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kongsberg Automotive Holding ASA has issued EUR 110 million in senior secured four-year bonds, with a floating interest rate pegged to the three-month EURIBOR plus 5.25%. These bonds, expected to be listed on the Frankfurt and Oslo Stock Exchanges, are aimed at refinancing existing securities due in 2025. The issuance was facilitated by ABG Sundal Collier and Danske Bank as Joint Lead Managers.
For further insights into KGAUF stock, check out TipRanks’ Stock Analysis page.
