Elkem ASA – Fixed income investor meeting and contemplated bond issuance

Oslo, 15 February 2021

Elkem ASA has mandated SEB and Swedbank as Joint Lead Managers to arrange a fixed income investor presentation on Tuesday 16 February. Subject to market conditions, NOK-denominated senior unsecured bond(s) with 3 and/or 5 years tenor may follow. Use of proceeds from the contemplated bond issuance will be for general corporate purposes, including refinancing of existing debt. Elkem ASA may, as part of the bond issuance, consider buy-backs of the outstanding NOK 1,750m bond with maturity 6 December 2021 (ELK01, ISIN NO0010838808).

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:
Odd-Geir Lyngstad
VP Finance and Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.no

About Elkem

Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Elkem is a publicly listed company on the Oslo Stock Exchange (ticker code: ELK) and is headquartered in Oslo. The Company has more than 6,800 employees with 31 production sites and an extensive network of sales offices worldwide. In 2020 Elkem had total operating income of NOK 24.7 billion. Further information is available on www.elkem.com.