Vår Energi ASA announces pricing of Senior Notes Offering
Sandnes, Norway, 9 November 2022: Vår Energi ASA (OSE: VAR, the “Company”) is pleased to announce that it has priced its offering (the “Offering”) of: · USD 1 billion aggregate principal amount of 7.5% Senior Notes due 2028 (the “2028 Notes”) at a price equal to 99.218% of the aggregate principal amount thereof; and · USD 1 billion aggregate principal amount of 8% Senior Notes due 2032 (the “2032 Notes” and, together with the 2028 Notes, the “Notes”) at a price equal to 99.055% of the aggregate principal amount thereof. Interest will be payable semi-annually. The Offering is