Norwegian Property ASA has successfully issued NOK 100 million in a tap issue of NPRO09 with ISIN NO0010799547 (maturity 12 July 2024) at an issue price of 103.035% and implied issue spread of approximately 3m NIBOR + 62 bps. Total outstanding amount in NPRO09 following the tap issue is NOK 400 million. Settlement date will be 6 September 2021. In conjunction with the bond issue, Norwegian Property ASA has bought back NOK 85 million of NPRO10 with ISIN NO0010805104. The outstanding volume in NPRO10 following the buy-back is NOK 485 million.

DNB acted as Manager for the issuance.

For further information, please contact:
Haavard Rønning, CFO, +(47) 400 20 019