LIME PETROLEUM HOLDING AS ENGAGES EXCLUSIVE MANAGER IN USD BOND FINANCING

19 Jun 2024 08:49 CEST

Lime Petroleum AS (“Lime”) wishes to share that Lime Petroleum Holding AS
(“LPH”), of which Lime will become a part, has engaged ABG Sundal Collier ASA
(“ABGSC”) as its exclusive manager to arrange fixed income investor meetings.
Subject to market conditions and acceptable terms, a new USD denominated senior
secured bond issue with a three-year tenor may follow.

The purpose of the new bond issue is refinancing of the existing NOK 781 million
senior secured bonds with maturity in January 2025 (ISIN NO0012559246) (the
“Existing Bonds”) and for general corporate purposes on the Norwegian
Continental Shelf (“NCS”) and Benin. Subject to successful placement of the new
bond issue, LPH will exercise the option to make an early repayment of the
Existing Bonds.

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