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Norwegian Energy Company ASA ( (GB:0HTF) ) has issued an update.
BlueNord ASA has successfully completed the settlement of its tender offer for subordinated convertible bonds, repurchasing and cancelling approximately 99.99% of the BNOR15 bonds. This move marks the full redemption of these bonds, aligning with disclosure requirements under the Norwegian Securities Trading Act, potentially strengthening BlueNord’s financial position and market confidence.
The most recent analyst rating on (GB:0HTF) stock is a Buy with a NOK681.00 price target. To see the full list of analyst forecasts on Norwegian Energy Company ASA stock, see the GB:0HTF Stock Forecast page.
More about Norwegian Energy Company ASA
BlueNord ASA is a European oil and gas company focused on producing and developing energy resources, with a significant role in the energy transition. The company holds a 36.8% interest in the Danish Underground Consortium, which manages oil and gas production in the Danish North Sea. BlueNord is publicly traded on the Oslo Stock Exchange under the ticker ‘BNOR’.
YTD Price Performance: -8.20%
Average Trading Volume: 45,458
Current Market Cap: NOK14.04B
For an in-depth examination of 0HTF stock, go to TipRanks’ Overview page.