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Farstad Taps Norwegian Bond Market

Two weeks ago, Farstad Shipping, together with DnB NOR Markets, as arranger, concluded a NOK 500 million unsecured bond offering. With a borrowing limit of $800 million, the three-year floating rating bonds are priced at NIBOR+3.25%. Proceeds will be used for general corporate purposes.

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Written by: | Categories: Freshly Minted, The Week in Review | October 14th, 2010 |


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