Kolonial.no – NOK 200,000,000 convertible loan

Kolonial.no AS, Norway's largest online grocer, has issued a NOK 200,000,000 convertible loan fully subscribed for by RASMUSSENGRUPPEN AS, its largest shareholder. The loan will be used to fund the company's further growth.

Kolonial.no's rapid expansion continued in 2017, with FY revenue increasing by approx. 88% to approx. NOK 800,000,000. 

Aabø-Evensen & Co is legal advisor to Kolonial.no AS.