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DNO ASA Plans Potential Hybrid Bond Issue

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DNO ASA Plans Potential Hybrid Bond Issue

Confident Investing Starts Here:

An update from DNO ASA ( (GB:0MHP) ) is now available.

DNO ASA has announced its engagement with Arctic Securities AS, DNB Carnegie, and Pareto Securities AS as Joint Bookrunners to organize fixed income investor meetings. This move may lead to a new subordinated hybrid bond issue, contingent on market conditions and terms, potentially impacting the company’s financial strategy and stakeholder interests.

More about DNO ASA

DNO ASA is a Norwegian oil and gas operator, founded in 1971 and listed on the Oslo Stock Exchange. The company is active in the Middle East, the North Sea, and West Africa, holding stakes in onshore and offshore licenses in regions such as Kurdistan, Norway, the UK, Côte d’Ivoire, and Yemen. DNO ASA is involved in various stages of exploration, development, and production.

YTD Price Performance: 22.35%

Average Trading Volume: 2,384,862

Current Market Cap: NOK11.87B

For an in-depth examination of 0MHP stock, go to TipRanks’ Stock Analysis page.

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