Successful placement of senior unsecured green bonds

25 Sep 2024 16:31 CEST

Reference is made to the stock exchange notice dated 24 September 2024,
regarding fixed income investor meetings commencing on 24 September 2024.

Today, Bonheur ASA has successfully completed a new senior unsecured green bond
issue of NOK 950 million with maturity in October 2029. The bond issue was
oversubscribed. The bonds will pay a coupon of 3 months NIBOR + 2.35% per annum,
and the net proceeds will be used to finance green projects as further defined
by the Green Finance Framework, including inter alia by way of refinancing
existing intercompany debt originally incurred to finance green projects.

An application will be made for the bonds to be listed on Oslo Stock Exchange.

DNB Markets and Pareto Securities acted as Joint Lead Managers in connection
with the placement of the new green bond issue.

For further information, please contact:

Magnus Ulfsæt Assev, Fred. Olsen & Co. AS, +47 48 40 32 17,
magnus.assev@fredolsen.com

More information:
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