Jotun A/S (JOTUN) 2021-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NOK300.0005Feb-26Sr. Unsecured---Floating3mN3mN+80-853mN+75-80703mN+70-100.00000
NOK350.0007Feb-28Sr. Unsecured---Floating3mN3mN+100-1053mN+95-100903mN+90-100.00000
Tranche Comments
5 yr: Comments: NOK300m snr unsec 5yr FRN. DNB(B&D)/SEB. IPTs 3mN+80/+85, guidance 3mN+75/+80. With 7yr FRN & potential buyback of NOK March 2021 and March 2022 notes. Combined bks >3.2bn. Set 300m at +70, books closed.; 7 yr: Comments: NOK350m snr unsec 7yr FRN. DNB(B&D)/SEB. IPTs 3mN+100/+105, guidance 3mN+95/+100. With 5yr FRN & potential buyback of NOK March 2021 and March 2022 notes. Combined bks >3.2bn. Set 350m at +90;
Use of Proceeds
Repay notes