Announcements
NPRO: Takeover of the Telegrafen property in Oslo CBD has been completed
Reference is made to the notification sent on 30th October 2023 regarding the purchase of Telegrafen. The acquisition has been completed, and Norwegian Property has acquired 100% of the shares in Telegrafen Invest AS
As part of the refinancing of the existing loan to Telegrafen, Norwegian Property has today agreed to issue NOK 1 000 mill in new senior secured bonds with a tenor of 3 years and a coupon of 3 years mid-market + 2.00% effective from 15th December, 2023.
For further information, please contact:
Bent Oustad, CEO, mobile: +47 4801 6082, e-mail: bo@npro.no
Haavard Rønning, CFO, mobile. +47 400 200 19, e-mail: hr@npro.no
This information is subject of the disclosure requirements according to §5-12 of the Norwegian Securities Trading Act (’Verdipapirhandelloven’).