E-Malt.com News article: 2872

Denmark’s Carlsberg A/S announced on 2 July 2004 it increases its bond loan in Danish kroner. Carlsberg A/S increases its existing five-year bond loan by DKK 500 million to DKK 2.5 billion. The nominal interest rate of the loan remains 4.875% and the value date is July 7, 2004. The bond loan is registered with VP Securities Services and listed on the Copenhagen Stock Exchange. The ISIN is DK0003451995. The increase is an extension of Carlsberg's successful DKK 2 billion bond issue.

Great interest has since then been shown in the issue, and as a result, Carlsberg now finds the conditions for increasing the bond loan attractive. The proceeds from the increase will be applied to further reduce the credit facility used for the purchase of Orkla's 40% shareholding in Carlsberg Breweries A/S.


02 July, 2004