The issue was placed at a price equivalent to an issued spread of 3 months NIBOR + 2.25%.

The outstanding volume after the transaction is NOK 2.000 million and the settlement date will be 26 January 2021.

The net proceeds from the transaction will be used for general corporate purposes.

DNB Markets, Nordea, Pareto and SEB acted as joint lead managers for the tap issue.

For further information, please contact:
Christina Chappell Glenn, Head of Investor Relations
Mobile: +47 905 32 774

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