NPRO: Norwegian Property ASA - Fixed income investor meeting and contemplated NOK bond issuance

27 May 2024 09:37 CEST

Norwegian Property ASA, rated BBB- (Negative) by Scope, has mandated DNB Markets
and SEB to arrange a virtual fixed income investor meeting on 27 May 2024.

Subject to market conditions, one or more NOK denominated senior secured
floating and/or fixed rate bond issues with expected tenors of 3-7 years may
follow. The bond issues will be secured with a first priority pledge in
"Fondbygget" on Aker Brygge. NPRO intends to get the transaction rated.

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

Norwegian Property is a focused and fully integrated office property company
with properties located mainly in the Oslo area in Norway. The portfolio is
characterized by central location and attractive premises with high quality
tenants. The group's properties consist largely of office premises, associated
warehousing and car parking, as well as retail and catering space. The company
has identified four value drivers for long-term value creation; Marketing &
letting, Property management, Property development and Transactions & finance.
www.npro.no


Source

Norwegian Property ASA

Provider

Oslo Børs Newspoint

Company Name

Norwegian Property ASA 17/24 FRN, Norwegian Property ASA 17/24 2,95%, Norwegian Property ASA 17/24 2,93%, Norwegian Property ASA 19/26 3,05%, Norwegian Property ASA 19/24 FRN, Norwegian Property ASA 19/24 2,666%, Norwegian Property ASA 20/24 FRN, Norwegian Property ASA 20/25 FRN C, Norwegian Property ASA 21/26 2.235 pct, Norwegian Property ASA 21/26 FRN

ISIN

NO0010794241, NO0010794258, NO0010799547, NO0010856818, NO0010856826, NO0010864952, NO0010871312, NO0010894785, NO0010907231, NO0010997919, NO0011086969, NO0011091274

Market

Euronext Oslo Børs