In April 2012, DFDS A/S issued corporate bonds on the Norwegian Stock Exchange. The bond issue was a part of the Group’s financial strategy of diversifying the loan portfolio.
In relation to the bond issue, DFDS announced an intention to be a frequent issuer of corporate bonds and in March 2013, DFDS followed-up with a second successful bond issue. In June 2014 issued a third corporate bond.
The third bond was issued in DKK in order to accommodate significant investor interest in a DKK-denominated bond. The table below contains information regarding the DFDS bonds.
DFDS A/S 12/16 FRN
DFDS A/S 13/18 FRN
DFDS A/S 14/19 FRN
3M NIBOR + 3.50 %
3M NIBOR + 2.90 %
3M CIBOR + 1.63%
Interest Payment Dates
2/2, 2/5, 2/8 and 2/11 each year.
21/3, 21/6, 21/9 and 21/12 each year.
13/3, 13/6, 13/9 and 13/12 each year.