Article: Norway : Norway Gjensidige Bank to issue debt to fund Citibank s ops buy.

Byline: babalu03

Norwegian Gjensidige Bank ASA on Monday said it will issue bonds and commercial papers to partly finance the acquisition of the local consumer finance business of US Citibank. Norwegian financial services firm DnB NOR Markets (OSL:DNBNOR) and Swedish Nordea Bank AB (STO:NDA) will arrange the loans.

The amount of the financing was not revealed.

Gjensidige Bank added it will also get ...

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