Color Group has managed to bank an extra NOK 300m ($44m) from the Oslo bond market on Wednesday.
The Norwegian ropax owner had only announced the potential tap of its existing NOK 700m issue in the morning, but by the afternoon it had expanded the 2022 series to NOK 1bn, the maximum amount it was targeting.
The latest bonds were priced at 85% of par value, with net proceeds to be used for general corporate purposes.
