The project received strong investor interest and was substantially oversubscribed.
DNB Markets was ranked number one for the fourth year running by investors in Norway, and again improved its position in the annual survey in Sweden, published today.
The offering attracted strong interest from both Nordic and international institutional investors.
DNB Markets acted as Joint Global Coordinator and Underwriter.
The bond was issued in combination with a USD 100m super senior bank facility from DNB Bank ASA.
DNB Markets acted as Joint Financial Adviser to Magseis and as Joint Global Coordinator in the associated private placement.
The DNB Markets’ FICC Macro, FX and Commodity Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.