NPRO: Successful placement of bonds

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Norwegian Property ASA has successfully raised NOK 89 million in a tap issue in NPRO 07 with ISIN NO 0010794241 (Maturity: 31 May 2024) at yield of 3 month NIBOR+1.03%. Settlement date will be 13 May 2019.

 Danske Bank acted as Manager for the issuance.

For further information, please contact:
Ane Grimsmo, Finance Manager, tel.
+(47) 93873885

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.