Elkem ASA – Fixed income investor meeting and contemplated bond issuance
Oslo, 16 August 2021
Elkem ASA has mandated SEB and Swedbank as Joint Lead Managers to arrange a fixed income investor presentation on Tuesday 17 August. Subject to market conditions, NOK-denominated senior unsecured bond(s) with 3.5 and/or 5.5 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 1,331 million bond with maturity 6 December 2021 (ELK01, ISIN NO0010838808).
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
Elkem is one of the world’s leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 6,800 people has a joint commitment to stakeholders: Delivering your potential. In 2020, Elkem was rated among the world’s top 5% on climate and achieved an operating income of NOK 24.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK). www.elkem.com