Business News

Norske Skog – Purchase of USD bonds

Wednesday 17. December 2008 - Norske Skog has bought back bonds totalling USD 54.4 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 141 million, and the residual loan is USD 459 million.

The loan has a coupon rate of 7 5/8 per cent and ISIN numbers are USR80036AN77 (Luxembourg listing) and US656533AA45.