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BlueNord ASA Exercises Clean-Up Call Option for Bond Redemption

Story Highlights
  • BlueNord ASA is a European oil and gas company with a focus on energy resources.
  • The company will redeem all outstanding bonds by August 2025, impacting its financial strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BlueNord ASA Exercises Clean-Up Call Option for Bond Redemption

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An announcement from Norwegian Energy Company ASA ( (GB:0HTF) ) is now available.

BlueNord ASA has announced the exercise of its clean-up call option to redeem all outstanding bonds, with a new maturity date set for August 5, 2025. This strategic move is in line with the company’s financial management and could impact stakeholders by potentially altering the company’s debt profile and financial strategy.

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 stake in the Danish Underground Consortium responsible for oil and gas production in the Danish North Sea. The company supports the energy transition and is listed on the Oslo Stock Exchange under the ticker ‘BNOR’.

YTD Price Performance: -11.73%

Average Trading Volume: 61,018

Current Market Cap: NOK12.98B

For detailed information about 0HTF stock, go to TipRanks’ Stock Analysis page.

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