Bewi Invest AS

Capital/Financing Update • Aug 24, 2021

BEWI issues five-year senior unsecured sustainability-linked bonds of EUR 160 million

BEWI issues five-year senior unsecured sustainability-linked bonds of EUR 160 million

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Today, BEWI ASA ("BEWI") announces that it has successfully issued new senior

unsecured floating rate sustainability-linked bonds in an amount of EUR

160,000,000 under a framework of EUR 250,000,000 due in September 2026 (the "New

Bonds"). The interest rate of the New Bonds is EURIBOR 3m + 3.15 per cent.

"We are very pleased with how this transaction has been received in the bond

market. This successful bond issue, which was oversubscribed, demonstrates that

investors, both existing and new, have comfort in our sustainable business model

and BEWI's solid strategic growth outlook, including both organic growth

initiatives and attractive M&A opportunities. The issue of new bonds and

increase of revolving credit facilities, as well as the extended maturity

profile, further strengthen our financial flexibility to pursue these growth

opportunities," says Christian Bekken, CEO of BEWI.

As announced on 19 August 2021, BEWiSynbra Group AB (publ) (a wholly owned

subsidiary of BEWI) will utilise its option to redeem early the up to

EUR 100,000,000 Senior Secured Floating Rate Notes due 2022 (ISIN: SE0010985556)

and the up to EUR 115,000,000 Senior Secured Floating Rate Notes due 2023 (ISIN:

SE0013409455) (collectively referred to as the "Bonds"). Further, as part of the

refinancing, the BEWI group will refinance its existing revolving credit

facilities with new revolving credit facilities as well as increase the amount.

BEWI intends to list the New Bonds on the Sustainability bond list at Nasdaq

Stockholm.

Carnegie AS, DNB Markets, a part of DNB ASA and Nordea Bank Abp have acted as

Joint Bookrunners with respect to BEWI's issue of New Bonds. DNB Markets, a part

of DNB ASA and Nordea Bank Abp have acted as Sustainability Structuring

Advisors.

For further information, please contact:

Charlotte Knudsen, Director of IR and Communications BEWi ASA, tel: +47 9756

1959

Marie Danielsson, CFO BEWI ASA, tel: +46 70 661 0047

About BEWI ASA

BEWI is an international provider of packaging, components, and insulation

solutions. The company's commitment to sustainability is integrated throughout

the value chain, from production of raw materials and end goods, to recycling of

used products. With a vision to protect people and goods for a better every day,

BEWI is leading the change towards a circular economy.

BEWI ASA is listed at the Oslo Børs under ticker BEWI.

The information is such that BEWI ASA is required to disclose in accordance with

the EU Market Abuse Regulation. The information was submitted for publication,

through the agency of the contact person set out above, at 21:00 CEST on 24

August 2021