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Debt Financing

KONGSBERG currently has bond loans outstanding, all issued in Norwegian Kroner (NOK).

The following are listed on the Oslo Stock Exchange:

Ticker: KOG08

Ticker: KOG09

Ticker: KOG11

Ticker: KOG12

  • Issue name: Kongsberg Gruppen ASA 18/21 FRN
  • ISIN: NO0010837586
  • Nominal value: MNOK 500
  • Outstanding value: MNOK 500
  • Maturity date: 06.12.2021
  • Interest rate: 3 month NIBOR + 0.88 per cent
  • Prospectus

Ticker: KOG13

  • Issue name: Kongsberg Gruppen ASA 18/24 FRN
  • ISIN: NO0010837602
  • Nominal value: MNOK 500
  • Outstanding value: MNOK 500
  • Maturity date: 06.06.2024
  • Interest rate: 3 month NIBOR + 1.20 per cent
  • Prospectus

KONGSBERG will apply for listing on Oslo Stock Exchange for the following bond(s):

Kongsberg Gruppen ASA 21/26 FRN

  • Issue name: Kongsberg Gruppen ASA 21/26 FRN
  • ISIN: NO0010940422
  • Nominal value: MNOK 500
  • Outstanding value: MNOK 500
  • Maturity date: 26.02.2026
  • Interest rate: 3 month NIBOR + 0.86 per cent
  • Bond agreement

Revolving credit facility

KONGSBERG has a syndicated revolving credit facility of MNOK 2,300 with Danske Bank A/S, DNB Bank ASA, J.P. Morgan Ltd., Nordea Bank AB and Skandinaviska Enskilda Banken AB. The credit facility is for general corporate purposes, and has an applicable Termination Date 15th March 2023. The credit facility requires that net interest-bearing debt does not exceed 4 times EBITDA, but can be up to 4.5 times EBITDA for a maximum of four quarters, of which three quarters may be consecutive.