Statkraft AS: Issuance of new bonds

22 Jun, 2015
With reference to Statkraft AS (A-/Baa1) announcement made earlier today, the company has issued NOK 1,150 million split between the following tranches:
  • NOK 700 million with a 5 year tenor and a floating rate coupon equal to 3 months NIBOR +0,60% p.a.
  • NOK 450 million with a 10 year tenor and a fixed coupon of 3.12% p.a.  

The bonds will be issued under Statkraft's EMTN programme and an application will be made for the bonds to be listed on Oslo Stock Exchange.

DNB Markets, Nordea Markets and SEB acted as joint lead arrangers. 
Statkraft contact information:
Vice President Tron Ringstad, tel.: +47 24 06 73 12
Funding Manager Stephan Skaane, tel.:+47 24 06 83 06 
Head of Investor Relations Thomas Geiran, tel.: +47 905 79 979

Statkraft is a leading company in hydropower internationally and Europe's largest generator of renewable energy. The Group produces hydropower, wind power, gas-fired power and district heating and is a global player in energy operations. Statkraft has 3700 employees in more than 20 countries.

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