Bank Norwegian AS, rated BBB (neg outlook) by S&P, has mandated DNB Markets and Nordea as Joint Lead Managers to arrange a series of fixed income investor meetings in the Nordics, commencing 3 December 2019. One or more senior preferred bond issues in NOK and/or SEK with tenors from 2 to 4 years will follow, subject to market conditions.
In conjunction with the potential bond issues, the company will consider buy backs of bonds maturing in 2020 and 2021.
Pål Svenkerud, CFO, tel: +47 93 40 39 04
Mats Benserud, Head of Treasury, tel: +47 95 89 15 39
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act