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Tomra Systems ASA Successfully Issues Oversubscribed Green Bonds

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Tomra Systems ASA Successfully Issues Oversubscribed Green Bonds

Confident Investing Starts Here:

The latest update is out from Tomra Systems ASA ( (GB:0KV7) ).

Tomra Systems ASA has successfully issued NOK 1,000 million in senior unsecured green bonds, which were substantially oversubscribed. The bonds, carrying a coupon of 3 months NIBOR +0.72%, will mature on 24 June 2030 and are set to be listed on the Oslo Stock Exchange. This issuance, alongside the repurchase of NOK 250 million of existing bonds, reflects Tomra’s strategic financial maneuvers to strengthen its market position and investor confidence.

The most recent analyst rating on (GB:0KV7) stock is a Buy with a NOK190.00 price target. To see the full list of analyst forecasts on Tomra Systems ASA stock, see the GB:0KV7 Stock Forecast page.

More about Tomra Systems ASA

YTD Price Performance: 7.27%

Average Trading Volume: 304,247

Current Market Cap: NOK45.9B

For an in-depth examination of 0KV7 stock, go to TipRanks’ Overview page.

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