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DNO ASA’s Bond Listing Approved by Norwegian Authority

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DNO ASA’s Bond Listing Approved by Norwegian Authority

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An update from DNO ASA ( (GB:0MHP) ) is now available.

DNO ASA announced the approval of its prospectus by the Financial Supervisory Authority of Norway for the listing of its 8.5 percent USD 600 million senior unsecured callable bonds on the Oslo Stock Exchange. This move is expected to enhance the company’s financial flexibility and market presence, with trading of the bonds anticipated to begin shortly.

More about DNO ASA

DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea, and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the company holds stakes in onshore and offshore licenses at various stages of exploration, development, and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, and Yemen.

Average Trading Volume: 2,507,964

Current Market Cap: NOK12.24B

See more insights into 0MHP stock on TipRanks’ Stock Analysis page.

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