Norwegian Energy Company ASA: Issuance of NOR15 Subordinated Convertible Bonds
Oslo, 30 December 2022: Reference is made to the stock exchange notice published on 27 December 2022 where Norwegian Energy Company ASA ("Noreco" or the "Company") announced the acceptance level for the contemplated new bond issuance in the maximum amount of USD 250,000,000 of new subordinated convertible bonds with ISIN NO 0012780867 ("NOR15") through an exchange offer (the "Exchange Offer") directed towards existing bondholders in the Company's outstanding USD 165,229,319 2019/2027 convertible bond loan with ISIN NO 0010851520 ("NOR13"). Issuance of the NOR15 bonds in the Exchange