Successful placement of new senior unsecured bonds

Schibsted ASA (SCHA/SCHB) , Published 03/05/2023 14:38:02

Schibsted ASA, rated BBB (stable) by Scope, has today successfully completed new senior unsecured bond issues of NOK 1,000 million, with tenors of 5 and 7 years. The bonds have coupons of 3m NIBOR + 1.45% p.a for the 5 year tranche and a fixed rate of 4.85% p.a for the 7 year tranche. The transaction was significantly oversubscribed.

The settlement date is set to 10 May 2023 for both tranches and an application will be made for the bonds to be listed on Oslo Børs.

Danske Bank and SEB acted as Joint Lead Managers in connection with the bond issue.

Oslo, 3 May 2023

Disclosure regulation

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