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BlueNord ASA Successfully Completes Bond Buyback with 99.99% Acceptance

Story Highlights
  • BlueNord ASA is a key player in European oil and gas, supporting energy transition.
  • BlueNord completed a bond buyback with 99.99% acceptance, enhancing its financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BlueNord ASA Successfully Completes Bond Buyback with 99.99% Acceptance

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

BlueNord ASA has successfully completed a conditional Tender Offer to repurchase its subordinated convertible bonds, with an overwhelming acceptance rate of 99.99% from bondholders. The settlement of these bonds is anticipated around 11 July 2025, after which BlueNord plans to execute a clean-up call to redeem any remaining bonds, potentially strengthening its financial position and market standing.

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 significant European oil and gas company focused on producing and developing energy resources while supporting the energy transition. The company holds a 36.8% interest 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: 43,882

Current Market Cap: NOK13.28B

Learn more about 0HTF stock on TipRanks’ Stock Analysis page.

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