Orkla ASA (ORK) 2021-2

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NOK1,000.0005.75May-27Sr. Unsecured---Floating3mN-3mN+60 a623mN+62-100.00000
NOK250.0007.75May-29Sr. Unsecured---FixedSwaps-MS+62 a640.64%-100.00000
Tranche Comments
5.75 yr: Comments: NOK1bn May 2027 5.75yr FRN. Danske/DNB/Nordea. Guidance for 5.75yr FRN 3mN+60 area, set 3mN+62, launch 1bn. With 7.75yr fxd, combined bks >1.1bn, skew to 5.75yr FRN, pre close. Came Tues. Tax Call: No. PP: No. XD: No. Settlement Date: 2021-09-20; 7.75 yr: Comments: NOK250m 0.64% May 2029 7.75yr. Danske/DNB/Nordea. Guidance for 7.75yr fxd MS+62 area (3mN+67 area), set MS+64, launch 250m. With 5.75yr FRN, combined bks >1.1bn, skew to 5.75yr FRN, pre close. Came Tues. Tax Call: No. PP: No. XD: No. Settlement Date: 2021-09-16;