BlueNord: Announces Fixed Income Investor Calls and Contemplated Bond Issue of USD 300 Million to Replace BNOR14

10 Jun 2024 07:06 CEST

Oslo, 10 June 2024: BlueNord ASA ("BlueNord" or the "Company") has mandated DNB
Markets, a part of DNB Bank ASA, and Pareto Securities AS as Joint Global
Coordinators and Joint Lead Bookrunners, as well as Arctic Securities AS as
Joint Bookrunner and Financial Advisor to the Company and Fearnley Securities AS
as Joint Bookrunner, to arrange a series of fixed income investor meetings
commencing on 10 June 2024. A new 5-year senior unsecured USD denominated bond
issue may follow, subject to inter alia market conditions.

The net proceeds from the contemplated bond issue will be used to refinance the
Company's existing BNOR14 USD 175m senior unsecured bonds (ISIN NO 0010870900)
and for general corporate purposes. Subject to the successful placement of the
new contemplated bond issue as described herein, the Company will call the
BNOR14 bond with settlement for the call prior to or simultaneous with the issue
date for the new contemplated bond issue.

Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation, and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. The stock exchange
announcement was published by Cathrine Torgersen, Chief Corporate Affairs
Officer, BlueNord ASA, at the date and time as set out above.

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About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium that is responsible for oil and gas production
in the Danish North Sea. BlueNord is listed on the Oslo Stock Exchange and
trades under the ticker "BNOR". For further information, please visit:
www.bluenord.com.

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