2026-05-04 07:03:13
Oslo, 4 May 2026: BlueNord ASA ("BlueNord" or the "Company") has mandated DNB
Carnegie, a part of DNB Bank ASA, Fearnley Securities AS and Pareto Securities
AS as Joint Bookrunners, to arrange a series of fixed income investor meetings
commencing today. In addition, the Company has mandated ABN AMRO Bank N.V.,
Clarksons Securities AS, SB1 Markets AS and Stifel Nicolaus Europe Limited as
Co-Managers. A new 5-year senior unsecured bond with an initial issue amount of
USD 350 million may follow, subject to inter alia market conditions.
The net proceeds from the contemplated bond issue will be used to refinance the
Company's existing BNOR16 USD 300 million senior unsecured bonds (ISIN NO
0013261735), partial repayment of the RBL, and for general corporate purposes.
In conjunction with the contemplated bond issue, BlueNord will offer bondholders
of BNOR16 to roll over their bonds at the prevailing make-whole call price.
Subject to completion of the contemplated bond issue, BlueNord will call the
remaining net outstanding amount of BNOR16 at the prevailing make-whole call
price.
Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation, and is subject to the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act. The stock exchange
announcement was published by Cathrine Torgersen, Chief Corporate Affairs
Officer, BlueNord ASA, at the date and time as set out above.
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About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium (DUC) that is responsible for oil and gas
production in the Danish North Sea. BlueNord is listed on the Oslo Stock
Exchange and trades under the ticker "BNOR". For further information, please
visit: www.bluenord.com.