NPRO: Contemplating NOK bond issuance

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Norwegian Property ASA has mandated Nordea to investigate the opportunity to issue new bonds in the Norwegian bond market. Subject to market conditions, a NOK senior secured bonds issue with fixed or floating interest, and with a tenor of 5 years, may follow.

For further information, please contact:

Haavard Rønning, CFO Tel +47 400 20 019.

Norwegian Property is a focused and fully integrated office property company with properties located in the Oslo area and Stavanger in Norway. The portfolio is characterized by central location and attractive premises high quality tenants. The group’s properties consist largely of office premises, associated warehousing and car parking, as well as retail and catering space. The company has identified four value drivers for long-term value creation; Marketing & letting, Property management, Property development and Transactions & finance.

Norwegian Property is listed on Oslo Stock Exchange with the ticker NPRO.