The first tranche of the NOK denominated bonds was launched on 9 February.  The issue was very well received in the market and Norske Skog decided to close the books shortly after launch with a total amount of NOK 1 billion. Payment date is 1 March 2007. 

 

DnB NOR Markets and Fokus Markets acted as lead managers. An application will be made for a listing of the bond on the Oslo Stock Exchange.

 

The refinancing will contribute towards a strong and diversified financing structure for Norske Skog in the years ahead. 

 

Oxenøen, 12th February 2007

 

NORSKE SKOG

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