Business News

NSG – Purchase of own bonds

Monday 24. November 2008 - Norske Skog has today sent the following release to Luxembourg Stock Exchange:

Norske Skog has bought back bonds totalling USD 61.6 million (par value) in a USD bond loan maturing on Oct 15, 2011. Together with earlier purchase, Norske Skog’s own holding now amounts to USD 86.6 million, and the residual loan is USD 513.4 million. The loan has a coupon rate of 7 5/8 per cent and ISIN number is US656533AA45.