Elkem ASA - Successful placement of senior unsecured NOK bonds

Oslo, 18 August 2021

Reference is made to notification dated 16 August 2021. Elkem ASA has today successfully issued NOK 1,250 million in new unsecured bonds. NOK 750 million has been issued with a tenor of 3.5 years and a coupon of 3 month Nibor + 0.90 % p.a. while NOK 500 million has been issued with a tenor of 5.5 years and a coupon of 3 month Nibor + 1.20 % p.a. The transaction was substantially oversubscribed. Settlement will take place on 25 August 2021.

SEB and Swedbank have acted as Joint Lead Managers for the bond issue.

This information is subject of 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
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