Olav Thon Eiendomsselskap expands senior unsecured bond loan

Olav Thon Eiendomsselskap ASA, holding a Baa2 (positive) rating from Moody’s, today announced an expansion of its senior unsecured bond loan. The company issued an additional NOK 200 million in the bond loan with ISIN NO0012495342 (OLT147), which matures on April 12, 2032.

The new issuance was completed at a price that, once swapped, resulted in an interest rate of 3-month NIBOR + 0.92% per annum. Following this transaction, the total outstanding amount for this particular loan now stands at NOK 1,800 million. The payment date for this latest issuance is set for October 22, 2025.

DNB Carnegie acted as the arranger for this bond loan expansion. For further details, Arne B. Sperre, executive vice president of economics and finance at Olav Thon Eiendomsselskap ASA, can be contacted.