Reference is made to the notification dated 5th of May 2017. Norwegian Property ASA has today issued a new NOK 670 million, 7 year senior secured bond, split into one fixed rate tranche of NOK 450m priced with a coupon of 2.95% and one floating rate tranche of NOK 220m priced with a coupon of 3 month NIBOR plus 1.44 % p.a, in the Norwegian bond market.

The proceeds will be used for general corporate purposes and refinancing of existing debt.

Nordea and SEB have acted as Joint Managers for the issuance.

For further information:
Ane Grimsmo, Finance Manager, tel +(47) 938 73 885