Aker Floating Issues $150M in Notes

Aker Floating Production has successfully issued a 9 months Commercial Paper of US $150 million. The loan was arranged for and placed by DnB NOR Markets.

The notes has a tenor of 9 months and a coupon of 3 month LIBOR + 400 bps p.a. The disbursement date is Jan. 24, 2008, and the maturity date is Oct. 24, 2008.