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BWG Homes ASA is contemplating a new unsecured bond issue

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BWG Homes ASA is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in December 2016.

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

Arctic Securities, Nordea Markets and SEB have been retained as joint lead arrangers of the contemplated bond issue.

For further information, please contact:

Lars Nilsen, CEO, tel. +47 23 24 60 00

Arnt Eriksen, CFO, tel. +47 23 24 60 37, +47 922 14 625