Benchmark, a UK-based animal genetics and nutrition business, has listed its existing NOK 850 million (€84.6 million/$99.4 million) senior secured floating rate bond on the Oslo Stock Exchange.
The company first announced its entry into the Nordic region debt and securities market with this bond in 2019. The listing satisfies the last condition under the bond terms.
The bond, which matures on June 2023, will help Benchmark refinance its existing credit facility and gain access to a sector-specialist investor base.
