REC ASA - Launching 5-year fixed rate bond
(Thomson Reuters ONE) - Sandvika, August 31, 2009; REC is today launching a 5-year fixed ratebond loan through the Norwegian bond market in line with announcementmade on May 19, 2009.REC is today launching a NOK 1 billion 5-year fixed rate bond loanthrough the Norwegian bond market, the company reserves the right toincrease the amount by around 25 percent subject to investor demandand has already received pre-commitments for a substantial portion ofthe total bond loan.The bond loan will be applied for listing on Oslo Børs, and NorskTillitsmann will act as trustee. The financing is for generalcorporate purposes, and DnB NOR Markets, Nordea Markets and SEBMerchant Banking act as Arrangers for the issue.Please contact Jan Krogh-Vennemo in DnB NOR Markets (+47 22 01 7789), Eivind Solheim in Nordea Markets (+47 22 48 78 64), ThoroddBakken in SEB (+47 22 82 72 58) or John E. Larsen, Group Treasurer inREC (+47 90 74 65 95) for further information on this issue.For more information, please contact:Jon André Løkke, SVP and Investor Relations Officer, Tel: +47 90744 949About RECREC is the leading vertically integrated player in the solar energyindustry. REC Silicon and REC Wafer are among the world's largestproducers of polysilicon and wafers for solar applications. REC Solaris a rapidly growing manufacturer of solar cells and modules, and arealso engaging in project development activities in selected segmentsof the PV market. REC had revenues of NOK 8 191 million and anoperating profit of NOK 2 529 million in 2008. Close to 3 000employees work in REC's worldwide organization. Please also seewww.recgroup.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 31.08.2009 - 08:50 Uhr
Sprache: Deutsch
News-ID 5266
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 370 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"REC ASA - Launching 5-year fixed rate bond"
steht unter der journalistisch-redaktionellen Verantwortung von
Renewable Energy Corporation ASA (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
