Vår Energi ASA announces pricing of inaugural Euro Senior Notes Offering
Sandnes, Norway, 26 April 2023: Vår Energi ASA (OSE: VAR, the "Company") is pleased to announce that it has priced an offering of EUR 600 million Senior Notes under Vår Energi ASA’s recently established Euro Medium Term Note programme. The Notes mature in May 2029 and carry an annual fixed coupon of 5.5% at a price equal to 99.696% of the aggregate principal amount thereof. The Notes will be listed on the regulated market of the Luxembourg Stock Exchange. The Company intends to use the net proceeds of the Offering for a partial refinancing of the Company’s bridge-to-bond facility