NPRO: CONTEMPLATING NOK BOND ISSUANCE

Norwegian Property ASA has mandated Nordea and SEB to investigate the opportunity to issue new bonds in the Norwegian bond market. Subject to market conditions, one or several NOK senior secured bonds issues with tenors in the range 3-7 years may follow.

For further information, please contact:
Ane Grimsmo, Finance Manager, tel +47 938 73 885

This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.

Norwegian Property is a focused and fully integrated office property company with 32 properties located in the Oslo area and Stavanger in Norway. The portfolio, which has a total fair value of NOK 15.0 billion, 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