Norwegian Property ASA has entered into a new loan agreement with DNB Bank ASA and Danske Bank, Norwegian Branch. The agreement includes a Term Loan of MNOK 2 400 million and a Revolving Credit Facility of NOK 400 million. The loan will be used for refinancing existing loans with the same banks. The duration of the new loan agreement is 3 years. Skandinaviska Enskilda Banken AB and Nordea Bank Norge ASA have accepted change of control for Norwegian Property’s other bank loan facility.

For further information, please contact:
Norwegian Property ASA
Svein Hov Skjelle, CEO
Phone: +47 930 55 566
Email: shs@npro.no