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Domestic bonds: Veidekke ASA, FRN 5jun2023, NOK (NO0010823388)

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Variable rate, Senior Unsecured

Status
Matured
Amount
1,000,000,000 NOK
Placement
***
Redemption (put/call option)
*** (-)
ACI on
Country of risk
Norway
Current coupon
-
Price
-
Yield / Duration
-
Calculate in two clicks! yield, duration and other parameters
Calculate in two clicks! yield, duration and other parameters
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  • Placement amount
    1,000,000,000 NOK
  • Outstanding amount
    1,000,000,000 NOK
  • Face value
    1,000,000 NOK
  • ISIN
    NO0010823388
  • CFI
    DBVUGR
  • FIGI
    BBG00L00T493
  • Ticker
    VEINO F 09/24/20

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Issue information

Profile
Veidekke ASA is the largest Norwegian construction and civil engineering company and the fourth largest in Scandinavia. Veidekke's business involves a network of Scandinavia construction and engineering operations, rehabilitation work, major heavy construction contracts and development ...
Veidekke ASA is the largest Norwegian construction and civil engineering company and the fourth largest in Scandinavia. Veidekke's business involves a network of Scandinavia construction and engineering operations, rehabilitation work, major heavy construction contracts and development of dwellings for the company's own account as well as buildings for public use. They recently acquired Reinertsen's civil engineering arm. Other business segments are asphalt operations, production of crushed stone and gravel (aggregates) and maintenance of public roads.
Volume
  • Placement amount
    1,000,000,000 NOK
  • Outstanding amount
    1,000,000,000 NOK
Face value
  • Face value
    1,000,000 NOK
  • Outstanding face value
    *** NOK
  • Increment
    *** NOK
Listing
  • Listing
    ***

Cash flow parameters

  • Variable rate type
    Floating rate
  • Reference rate
  • Coupon Rate
    ***
  • Day count convention
    ***
  • Business Day Convention
    Modified Following Business Day
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Maturity date
    ***

Early redemption terms

***

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800 000

bonds globally

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pricing sources

80 000

stocks

9 000

ETF

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Placement

  • Placement method
    Open subscription
  • Placement
    ***
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • The purpose of placing
    The Issuer will use the net proceeds from the Initial Bond Issue for the General Corporate Purpose of the Group and for Refinancing of the existing bond issue with ISIN NO0010680135
Participants
  • Bookrunner
    ***, ***, ***

Conversion and exchange

  • Conversion terms
    ***

Additional information

Latest issues

Identifiers

  • ISIN
    NO0010823388
  • CUSIP
    ***
  • CUSIP 144A
    ***
  • CFI
    DBVUGR
  • FIGI
    BBG00L00T493
  • Ticker
    VEINO F 09/24/20
  • Type of security by CBR
    ***

Bond classification

  • Senior Unsecured
  • Registered
  • Coupon bonds
  • Variable rate
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Dual currency bonds
  • For qualified investors (CIS region)
  • Foreign bonds
  • Green bonds
  • Guaranteed
  • Inflation-linked principal
  • Supranational bond issues
  • Inflation-linked coupon
  • Mortgage bonds
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Redemption Linked
  • Restructuring
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Commercial Bonds
  • Subordinated
  • Sukuk
  • Trace-eligible

Restructuring

***

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