Athens: Exmar Netherlands has completed a tap issue of NOK 300m ($39.6m) in bonds, which it says will be used to finance investments in LNG infrastructure.
The settlement date for the transaction is expected to be May 12, the company said today.
Proceeds from the sale will also be used for general corporate purposes.
The issue is the second tranche of the NOK 700m ($92.3m) in bonds issued on the Norwegian market in July 2014.
“The total nominal amount outstanding in the bond issue will be NOK 1,000m [$131.9m] with maturity in July 2017,” Exmar said.