Bakkafrost raises €67.2m bond

January 31, 2013, 2:31 pm

Faroese salmon producer Bakkafrost has issued a bond of NOK 500 million (€67.2m/ $91m).

The bond matures on Feb. 14, 2018.

The company had said it would look to raise a bond for general purposes and to fund potential future acquisitions.

"The loan was substantially oversubscribed within a short period," the company said in a notice to the Oslo stock exchange.

Nordea Markets acted as manager for the issuance.


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