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BlueNord ASA Secures Approval for USD 300 Million Bond Issue

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BlueNord ASA Secures Approval for USD 300 Million Bond Issue

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Norwegian Energy Company ASA ( (GB:0HTF) ) has provided an update.

BlueNord ASA has successfully completed a USD 300 million subordinated hybrid bond issue and received approval from its lenders for this transaction and the buy-back of its subordinated convertible bonds. This development strengthens BlueNord’s financial position and supports its strategic initiatives in the energy sector.

The most recent analyst rating on (GB:0HTF) stock is a Buy with a NOK681.00 price target. To see the full list of analyst forecasts on Norwegian Energy Company ASA stock, see the GB:0HTF Stock Forecast page.

More about Norwegian Energy Company ASA

BlueNord ASA is a European oil and gas company focused on producing and developing energy resources, with a significant role in the energy transition. The company holds a 36.8% stake in the Danish Underground Consortium, which manages oil and gas production in the Danish North Sea. BlueNord is publicly traded on the Oslo Stock Exchange under the ticker ‘BNOR’.

Average Trading Volume: 41,325

Current Market Cap: NOK13.38B

For detailed information about 0HTF stock, go to TipRanks’ Stock Analysis page.

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