Aabø-Evensen & Co has acted as legal advisor to Link Mobility Group ASA in connection with LINK’s issuance of EUR 50 million senior secured bonds in the Nordic bond market
Link Mobility Group ASA (“LINK”) has successfully completed the issuance of EUR 50 million senior secured bonds in the Nordic bond market, with a EUR 175 million borrowing limit. The bond issue was significantly oversubscribed and received strong demand from across the Nordic region. Settlement is expected to be 24 February 2017, with final maturity 24 February 2022.
"We are very pleased with the positive response received from bond investors in Finland, Sweden, Norway and Denmark. We are happy that we have been able to place EUR 50 million at very completive fixed interest rate of 4.75% p.a. and maturity of five years. This combined with our strong cash position will give LINK the financial means to continue the consolidation of the European mobile messaging and solutions market. It is now left to LINK to execute on our strategy and continue the strong development of LINK in a growing market" says Arild Hustad CEO of LINK Mobility Group ASA.
About Link Mobility: LINK Mobility Group is a provider of mobile solutions and mobile services in the Nordic and Baltic countries as well as Germany. The Group assists companies, public sectors and organizations in providing mobile services for their customers and users.
LINK Mobility has more than 20 years’ experience in the mobile market and has over the years become the authority of mobile communication business.
Aabø-Evensen & Co Advokatfirma AS acted as legal advisors to LINK.
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