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Olav Thon Eiendomsselskap Raises NOK 200 Million in New Bond Tap

Story Highlights
  • Olav Thon Eiendomsselskap added NOK 200 million to its 2032 senior unsecured bond.
  • The tap lifts total bond volume to NOK 2 billion, enhancing long-term funding flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Olav Thon Eiendomsselskap Raises NOK 200 Million in New Bond Tap

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Olav Thon Eiendomsselskap ASA ( (GB:0FHP) ) just unveiled an announcement.

Olav Thon Eiendomsselskap ASA has expanded its long-term funding by issuing NOK 200 million in additional senior unsecured bonds under its existing issue maturing on 12 April 2032, bringing the total outstanding volume of this bond to NOK 2 billion. The new tranche, priced at a floating rate of three-month NIBOR plus 0.91 percentage points and arranged by DNB Carnegie, supports the company’s access to competitively priced capital and underpins its financial flexibility and funding diversification in the Norwegian bond market ahead of the 13 January 2026 settlement date.

More about Olav Thon Eiendomsselskap ASA

Olav Thon Eiendomsselskap ASA is a Norwegian real estate company that operates primarily in the property and commercial real estate sector, financing its activities partly through the Norwegian bond market. The company holds an investment-grade credit rating of Baa2 (positive) from Moody’s, reflecting its established position and creditworthiness in the Norwegian real estate and capital markets.

Average Trading Volume: 49,194

Current Market Cap: NOK34B

For a thorough assessment of 0FHP stock, go to TipRanks’ Stock Analysis page.

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