NAXS makes a USD 3m investment in a new USD 150m senior secured bond issued by Jackel AS
NAXS has made a USD 3m investment in a new USD 150m senior secured bond
issued by Jacktel AS, a wholly-owned subsidiary of Master Marine AS (the
The Bond has a tenor of 5 years and a coupon of 10% p.a., with quarterly
Together with a super senior bank facility of USD 100 million, the Bond will be
used to refinance the outstanding debt of Jacktel AS and Master Marine AS.
Master Marine AS is a portfolio company of Nordic Capital CV1 LP, where NAXS
is an investor.