KfW IPEX-Bank and Nordic Investment Bank (NIB) finances railway maintenance facilities at Bane NOR Eiendom

30 Oct 2023 13:55 CET

Bane NOR Eiendom have entered into two separate long term green loan agreements
to finance investments in railway maintenance facilities in Norway.

The Nordic Investment Bank green loan facility of NOK 750 million is a 10-year
maturity to finance expansion and refurbishment of the Grorud (Oslo) and
Sundland (Drammen) train workshops.

The KfW IPEX-Bank green loan facility of NOK 1.148 million is split in two
equally sized tranches with maturity of 7 and 9,5 years respectively. The loan
is to finance railway maintenance facility investments across the Bane NOR
Eiendom portfolio of workshops.

Both loans are to support the growing train maintenance need following the
expected increase in rail passenger traffic over the next 10-15 years, making
the Bane NOR Eiendom maintenance facilities able to accommodate a greater volume
of longer and more advanced train sets.

For further information please see press releases enclosed, or contact:

Sven Erik Pløen
Finance director, Bane NOR Eiendom AS
Phone: +47 970 21 129
E-mail: sven.erik.ploen@banenor.no


602530_2023 10 NIB Press release.pdf
602530_2023 10 KfW IPEX-Bank Press release.pdf

Kilde

Bane NOR Eiendom AS

Leverandør

Oslo Børs Newspoint

Company Name

Bane NOR Eiendom AS 18/25 2,79%, Bane NOR Eiendom AS 21/26 FRN, Bane NOR Eiendom AS 21/28 FRN, Bane NOR Eiendom AS 22/27 2,92%, Bane NOR Eiendom AS 22/27 FRN, Bane NOR Eiendom AS 22/25 FRN, Bane NOR Eiendom AS 23/28 FRN, Bane NOR Eiendom AS 23/26 FRN, Bane NOR Eiendom AS 23/29 5.00pct

ISIN

NO0010826647, NO0010931793, NO0010931801, NO0012439522, NO0012548850, NO0012548843, NO0012881186, NO0012929589, NO0012929605, NO0012929571

Marked

Nordic Alternative Bond Market