DFDS Dover Pitch Deck
Key indicative terms
Issuer:
Group:
Issuer Rating:
Expected Issue Rating:
Type of Issue
Maturity:
Currency:
Initial Issue Amount:
Issue Price:
Coupon Rate:
Financial Covenants:
Change of Control
Use of Proceeds:
Min. Subscription / Denomination:
Law/Listing:
Joint Bookrunners:
DFDS A/S
The Issuer and all its subsidiaries from time to time
BBB- (stable) from Scope Ratings
BBB- from Scope Ratings
Senior unsecured
3-5 years
NOK
Expected benchmark size
[•]
Fixed and/or floating
Equity ratio: The Issuer shall ensure that the Group on a consolidated basis maintains a Book Equity to Total Assets
ratio which constitutes more than 25%, calculated on each Quarter Date
Investor put option at par
Firstly for the prepayment of the loans and any other amounts outstanding under a facility agreement between the
Issuer as borrower and the Joint Bookrunners as lenders, and secondly for general corporate purposes
NOK 2,000,000 / NOK 2,000,000
Norwegian / The Bonds to be listed on Oslo Børs no later than 31 December 2023
Danske Bank, Nordea & SEB
35
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