Telenor initial public offering syndicate appointments
Historical archive
Published under: Stoltenberg's 1st Government
Publisher: Samferdselsdepartementet
Press release | Date: 07/07/2000 | Last updated: 21/10/2006
Press release
No.: 67/2000
Date: 07.07.2000
Telenor initial public offering syndicate appointments
Not for distribution in the United States, Canada, Australia or Japan.
The Norwegian Ministry of Transport and Communications and Telenor today announced the appointment of the syndicate for the planned Initial Public Offering (IPO) of Telenor AS.
Goldman Sachs International and DnB Markets have already been appointed Joint Global Co-Ordinators for the offering. The sale of shares in Norway will be lead managed by DnB Markets and Christiania Markets. The shares are intended to be sold to institutional investors internationally and to institutional and retail investors in Norway.
Structure of Syndicate
For the sale of shares internationally, the following appointments have been made.
Senior Co-Lead Managers | Co-Lead Managers |
Credit Suisse First Boston | Carnegie |
DnB Markets | Dresdner Kleinwort Benson |
HSBC | Schroder Salomon Smith Barney |
Merrill Lynch International | . |
For the sale of shares within Norway, the following appointments have been made.
Co- Co-Lead Managers for the Institutional Offering | Co-Lead Managers for the Retail Offering |
Fondsfinans | First Securities |
Goldman Sachs International | Karl Johan Fonds |
Orkla Enskilda Securities | Co-Managers for the Retail Offering |
Pareto Fonds | Danske Securities |
Sundal Collier & Co | Terra Fonds |
Timing of the Offering
The listing is anticipated to take place during the second half of this year, subject to market conditions.
For further information, please contact:
Per Sanderud Ministry of Transport and Communications | Tel: +4722 24 81 06 |
Dag Melgaard Telenor AS | Tel: +47 901 92 000 |
This is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States unless they are registered or exempt from registration. Any public offering of securities in the United States will be made by means of a Prospectus that may be obtained from Telenor or the Norwegian state and that will contain detailed information about the Company and Management, as well as financial statements. Telenor and the Norwegian State currently may register securities for sale in the United States.