NORDEN CONTEMPLATES BOND BUY-BACK
ANNOUNCEMENT NO. 60 - 8 MARCH 2022 NORDEN is contemplating a buy-back of up to USD 50 million of the USD 100 million nominal outstanding amount of bonds that will mature on 28 June 2024. The buy-back is carried out for cash management purposes. The buy-back will be conducted as a "reverse Dutch auction", where bondholders are invited to provide offers for sale of all or a portion of their Bonds (for details, see attachments). Due date for submission is 13:00 CET on 11 March 2022 (the “Submission Deadline”). NORDEN may, in its sole discretion, waive, extend, terminate, withdraw, or