DNO ASA is an independent oil and gas operator founded in 1971, headquartered in Oslo, Norway. The company primarily focuses on exploration, development, and production of oil and gas, with substantial operations in the Middle East and North Africa.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DNONO 10.75% 2085-06-17 USDDNO ASA | Norway | 2085-06-17 | 10.750 | 10.06 |
| DNONO 7.88% 2026-09-09 USDDNO ASA | Norway | 2026-09-09 | 7.875 | 3.74 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
DNO ASA began issuing bonds in 2013, enhancing its capital structure to support expansion efforts. A notable issuance was the NOK 1 billion bond in 2019, which was well-received in the market, reflecting confidence in the company's operational strategy. Current yields on DNO bonds are competitive compared to the industry average, offering investors an attractive opportunity. Additionally, the company has employed fixed-rate bonds to mitigate interest rate risk, showcasing a strategic approach to financial management amidst fluctuating market conditions.