Bonheur ASA - Capital/Financing Update 2021

Successful placement of senior unsecured green bonds

Reference is made to the stock exchange notice dated 28 June 2021, regarding

fixed income investor meetings commencing on 28 June.

Today, Bonheur ASA has successfully completed a new senior unsecured green bond

issue of NOK 700 million with maturity in July 2026. The bond issue was

oversubscribed. The bonds will pay a coupon of 3 months NIBOR + 2.90% per annum,

and the net proceeds will be used to finance green projects as further defined

by the Green Finance Framework, including inter alia by way of refinancing

existing intercompany debt originally incurred to finance such green projects.

An application will be made for the bonds to be listed on Oslo Stock Exchange.

DNB Markets and Pareto Securities acted as Joint Lead Managers in connection

with the placement of the new green bond issue.

For further information, please contact:

Haakon Magne Ore, Fred. Olsen & Co., +47 92 02 75 10, [email protected], or

Øyvind Engesrønning, Fred. Olsen & Co., +47 94 36 72 89

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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