The Arctic Group is a leading, independent provider of financial services
Arctic Securities acted as Joint Lead Manager in relation to Color Group’s issuance of a new NOK 800m senior unsecured bond.
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August was yet another month with market turmoil on the backbone of current themes of Brexit and Trade War. In the credit and fixed income market, negative interest rates is beginning to become the new (European) normal. The
Arctic Securities is acting as financial advisor in relation to the rights issue in Ortoma AB (publ). Ortoma AB (publ) is referred to as “Ortoma” or “the Company”. Shareholders have pre-emptive rights to subscribe for shares. Seven (7) existing shares of A- and B-series held on the record date of September 11 2019, entitles to one (1) new share of the corresponding series at a subscription price of SEK 31.0 per share. The subscription period runs 13 September – 27 September 2019. A Swedish prospectus and subscription note will be available before the subscription period on Ortoma’s website, www.ortoma.se and Arctic Securities website.
Ocean Yield ASA today closed a USD 125m hybrid bond issue in the Nordic market. The bond is of a perpetual nature and will be accounted for as equity on the company’s balance sheet, while paying investors a coupon of 3m L + 650 basis points.
