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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Emles Real Estate Credit ETF | AMEX:REC | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 20.055 | 0 | 01:00:00 |
Sandvika, August 31, 2009; REC has completed the issue of a 5-year fixed rate bond loan in the Norwegian bond market. REC announced earlier today the launch of a 5 year bond issue. The bond loan was very well received in the market, and the company decided to close the transaction when the books reached NOK 1,250 million. The bond loan pays a fixed spread of 690 basis points and settles on September 16, 2009, with maturity on September 16, 2014. DnB NOR Markets, Nordea Markets and SEB Merchant Banking acted as joint arrangers for the bond issue. For more information, please contact: Jon André Løkke, SVP and Investor Relations Officer, Tel: +47 907 44 949 About REC REC is the leading vertically integrated player in the solar energy industry. REC Silicon and REC Wafer are among the world's largest producers of polysilicon and wafers for solar applications. REC Solar is a rapidly growing manufacturer of solar cells and modules, and are also engaging in project development activities in selected segments of the PV market. REC had revenues of NOK 8 191 million and an operating profit of NOK 2 529 million in 2008. Close to 3 000 employees work in REC's worldwide organization. Please also see www.recgroup.com. This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement. http://www.recgroup.com Copyright © Hugin AS 2009. All rights reserved.
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