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Norwegian firm Aker Solutions completes 1B kroner bond issue

Oil and gas services provider Aker Solutions ASA disclosed May 22 that it completed a senior unsecured bond issue amounting to 1 billion Norwegian kroner, which will mature in June 2024.

Proceeds from the bond issue will be used to refinance existing debt and for general corporate purposes.

DNB Markets, Nordea, SEB and Swedbank acted as joint lead managers for the bond issue.

As of May 21, US$1 was equivalent to 8.77 Norwegian kroner.