Color Group AS has successfully completed a new subordinated perpetual hybrid bond issue of NOK 500 million with first call date in December 2024. Net proceeds from the new bond issue will be used for general corporate purposes.
Arctic Securities, Danske Bank, DNB Markets, Nordea and SEB acted as Joint Lead
Managers in connection with the placement of the new bond issue. An application will be made for the bonds to be listed on Oslo Børs.
In total, Color Group has approximately NOK 3 billion outstanding in the bond market.
Source: Oslo Stock Exchange 9 September 2020