Age Remoy-led Rem priced the new paper at three months NIBOR plus 525 basis points

As the company announced yesterday, the cash will be used for general corporate purposes.

The bonds will mature in September 2019.

DNB Markets, Nordea Markets and Swedbank Norway have been revealed as joint lead managers of the deal.

Following the issuance, Rem has bought back bonds with total value of NOK 235m.