Successful placement of NOK 1,750 million senior unsecured green bonds

Oslo, 31 January 2024: Scatec ASA (“Scatec”) has successfully issued NOK 1,750 million in a 4-year senior unsecured bond issue with a coupon of 3 months NIBOR + 4.25% p.a. with quarterly interest payments. The net proceeds from the bond issue will be applied towards eligible activities as set out in the Green Financing Framework, including partial buy-back of outstanding bonds with ticker “SCATC03 ESG” (ISIN NO0010931181).

DNB Markets, Nordea and SpareBank 1 Markets acted as Joint Lead Managers in connection with the placement of the new bond issue. An application will be made for the bonds to be listed on Oslo Børs.

For further information, please contact:
Andreas Austrell, VP IR, tel: +47 974 38 686