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Orkla ASA – Issuance of NOK bonds

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Reference is made to the stock exchange notice of 6 September 2021. Orkla ASA has today completed a placement of senior unsecured bonds with a total amount of NOK 1,250 million split between two separate tranches:

  • NOK 1,000 million in a 5.7-year bond issue was placed in the market with a coupon of 3m Nibor + 0.62% p.a. In addition, Orkla will issue NOK 500 million and retain these bonds as own holdings, which leads to a total volume of NOK 1,500 million.
  • NOK 250 million in a 7.7-year bond issue was placed in the market with a coupon of 2.20 % p.a. In addition, Orkla will issue NOK 1,250 million and retain these bonds as own holdings, which leads to a total volume of NOK 1,500 million.

An application will be made for the bonds to be listed at Oslo Børs.

Danske Bank, DNB Markets and Nordea have acted as Joint Lead Managers for the issuance.

 

Orkla ASA

Oslo, 7 September 2021

 

Ref.:

Senior Vice President Group Treasury

Geir Solli

Tel.: +47 995 42 789

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

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