NPRO: Contemplating NOK senior secured bond issuance

Norwegian Property ASA has mandated SEB to investigate the opportunity to issue senior secured bonds. Subject to market conditions, a NOK senior secured bond with an expected tenor of 5-7 years may follow.

For further information please contact Haavard Rønning (CFO) on +47 400 20 019.

Norwegian Property is a focused and fully integrated office property company with properties located mainly in the Oslo area 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.

www.npro.no