Bond Orkla SPV 0% ( NO0010849870 ) in NOK

Issuer Orkla SPV
Market price 100 %  ⇌ 
Country  Norway
ISIN code  NO0010849870 ( in NOK )
Interest rate 0%
Maturity 11/04/2024 - Bond has expired



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Detailed description Orkla ASA is a Norwegian industrial investment company and a leading supplier of branded consumer goods, holding significant market positions across various categories in the Nordic region, Central Europe, and India.

A financial instrument, specifically an obligation with ISIN NO0010849870, recently completed its lifecycle, having been issued by Orkla ASA, a diversified Norwegian industrial conglomerate renowned for its strong presence in branded consumer goods, spanning food, confectionery, snacks, and personal care products, alongside its materials and financial investments divisions. This particular bond, denominated in Norwegian Krone (NOK) and originating from Norway, featured a 0% interest rate, indicating it was either a zero-coupon bond or designed for capital appreciation rather than regular interest disbursements, with its single principal payment occurring at maturity. On April 11, 2024, the bond reached its maturity date and was successfully redeemed at 100% of its market price, confirming its full repayment to investors.