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Storebrand ASA Capital/Financing Update 2018

Dec 19, 2018

3766_rns_2018-12-19_aa16e141-3c9b-4763-8749-8b5a4bf0f8bf.html

Capital/Financing Update

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Storebrand ASA successfully signs a EUR 200 million Revolving Credit Facility

Storebrand ASA successfully signs a EUR 200 million Revolving Credit Facility

Storebrand ASA is pleased to announce the successful signing of a EUR 200

million Multicurrency Revolving Credit Facility with 5 years duration with a 2

years extension option. The facility will replace an existing facility, signed

in 2014. A total of 8 banks participated in the new credit facility. Going

forward they will comprise Storebrand's core relationship bank group. Nordea

acted as Co-ordinator with Skandinaviska Enskilda Banken as Facility Agent. The

Facility is provided by Citigroup, Danske Bank, DNB, Handelsbanken, J.P.Morgan,

Nordea, Skandinaviska Enskilda Banken og Swedbank.

"We are delighted with the support shown to Storebrand by our key relationship

banks, which has enabled Storebrand to put in place a long term facility at

favorable cost," said Mr. Lars Aa. Løddesøl, Group Chief Financial Officer at

Storebrand ASA Lysaker, 19. December 2019

Contact person:

Einar Leikanger, Head of Treasury, Storebrand ASA: +47 93420379