Christen Sveaas’ investment company Kistefos has enlisted Norwegian banks to facilitate a tap issue of its 2027 bond.
Kistefos has tasked ABG Sundal Collier, Arctic Securities and DNB Markets with arranging a series of fixed-income investor meetings, starting on Monday.
A tap issue enables a bank or financial institution to issue additional securities to the market without undergoing the complete process of a fresh offering.