Citycon Group intends to issue NOK-denominated guaranteed bonds in various tenors. The bonds would be offered mainly to Nordic institutional investors. The bonds would be issued by Citycon Treasury B.V. and guaranteed by Citycon Oyj. Citycon Treasury B.V. would apply for the bonds to be admitted to trading on the regulated market of the Oslo Stock Exchange.
The proceeds from any potential bond issues would be used to refinance existing debt and for general corporate purposes of the Group.
Citycon Group has mandated Danske Bank A/S, Norwegian Branch and Skandinaviska Enskilda Banken AB (publ), Oslo Branch as lead managers. Citycon Group will announce further information after the bond issues.
Source: Citycon
