"11 percent Renewable Energy Corporation ASA Bond Issue 2009/2014"
Renewable Energy Corporation ASA launched a corporate bond issue in the total aggregate amount of NOK 1,250 million on 16 September 2009 for general financing purposes.
This bond is senior debt of the issuer and is ranking at least pari passu with all other obligations of the issuer and shall rank ahead of subordinated debt.
Interest payment is paid in arrears on the interest payment date each year. The bond is bullet and is being repaid in full on maturity date at par.
For quotes on REC ASA 11% 2009/2014 (ticker: REC01), please enter the Oslo Stock Exchange website via the link in the right hand column.
Details
- ISIN: NO0010536501
- Ticker: REC01
- Stock Exchange: Oslo Stock Exchange
- Volume: NOK 1,250 million
- Denomination: NOK 500,000
- Nominal interest: Fixed rate 11% per annum
- Interest payment date: 16 September each year and the Maturity date.
- Issue date: 16/09/2009
- Maturity date: 16/09/2014
- Trustee: Norsk Tillitsmann