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Article: Norwegian Gjensidige Bank to issue debt to fund Citi buy.
- Article from:
- Nordic Business Report
- Article date:
- November 9, 2009
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NORDIC BUSINESS REPORT-9 November 2009-Norwegian Gjensidige Bank to issue debt to fund Citi buy(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
9 November 2009 - Norwegian Gjensidige Bank ASA said today it plans to take up loans via issuing commercial papers and bonds to partly finance the planned purchase of the Norwegian consumer finance business of Citibank.
The bank will also get new equity from its parent company, ...