BWG Homes ASA - successful placement of new unsecured bond issue

BWG Homes ASA has successfully completed a new unsecured bond issue of NOK 350 million with maturity date in November 2018. An application will be made for the bonds to be listed on Oslo Børs.

The net proceeds from the new bond issue will be used to refinance existing debt.

Arctic Securities, Danske Bank Markets and Nordea Markets acted as joint lead arrangers in connection with the placement of the new bond issue.

Further information from:

Ole Feet, CEO, tel: +47 900 91 230

Arnt Eriksen, CFO, tel: +47 922 14 625

BWG Homes develops, sells and constructs residential homes in the Nordic region. The brands owned by the Group are Block Watne and Hetlandhus in Norway, Kärnhem, Myresjöhus and SmålandsVillan in Sweden. Ranked as a leading residential house builder in its markets, the Group annually completes approx. 2 000 new homes through own residential projects and for individual customers. BWG Homes has 1 080 employees. In 2012 the turnover was NOK 3.5 billion. More information about the Group at www.bwghomes.no/en