Public Property Invest

Capital/Financing Update • Jun 18, 2025

Public Property Invest ASA successfully places EUR 350m long 7-year senior unsecured bond

Public Property Invest ASA successfully places EUR 350m long 7-year senior unsecured bond

Public Property Invest ASA ("PPI") has today successfully placed a EUR 350

million bond issue. The Long 7-year senior unsecured fixed rate

EUR-denominated bonds mature on 1 October 2032 and pays a fixed coupon of

4.375%.

The bonds have been issued under PPI's existing EUR 2 billion EMTN programme

dated 25 November 2024 and supplemented on 18 June 2025. An application to

list the bonds on the Official List of Euronext Dublin will be made. The bond

issue is expected to be rated BBB by Fitch.

The net proceeds from the bond issue will be used for general corporate

purposes.

"The issue marks our second transcation in the public EUR bond market and

affirms our strong standing in the international capital markets as an

attractive investment. We are delighted with the reception from investors and

to be able to price the new bonds with zero new issue premium. The long 7-year

tenor is the longest achieved in several years by a Nordic real estate company

which underscores the value of PPI's strong social infrastructure portfolio

and lease contracts", says André Gaden, CEO.

DNB Carnegie, Goldman Sachs, J.P. Morgan and Nordea acted as joint bookrunners

in connection with the transaction.

For further queries, please contact: André Gaden, CEO,

andre@publicproperty.no, Ilija Batljan, CIO, ilija@publicproperty.no or

Marianne Aalby, EVP Finance, maa@publicproperty.no.