Oslo, 26 January 2024: Scatec ASA ("Scatec") has mandated DNB Markets, Nordea, and SpareBank 1 Markets to arrange a series of fixed income investor meetings commencing Monday, 29 January 2024. A NOK 1,750 million (expected) or EUR equivalent senior unsecured green bond issue with a 4-year maturity may follow, subject to inter alia market conditions. Net proceeds of the bond issue shall be applied towards eligible activities as set out in the Green Financing Framework.
Subject to completion of the contemplated new bond issue, Scatec will offer to buy-back in cash parts of its outstanding EUR denominated bonds due 19 August 2025 with ticker “SCATC03 ESG” (ISIN NO0010931181) with matched settlement for the contemplated new bond issue. Investors participating in the new bond issue will be given priority allocation in the buy-back.
For further information, please contact:
Andreas Austrell, VP IR, tel: +47 974 38 686
About Scatec ASA:
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy emerging markets. As a long-term player, we develop, build, own, and operate renewable energy plants, with 4.2 GW in operation and under construction across four continents today. We are committed to grow our renewable energy capacity, delivered by our passionate employees and partners who are driven by a common vision of 'Improving our Future'. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol 'SCATC'. To learn more, visit www.scatec.com or connect with us on LinkedIn.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange announcement was published by Kine Aaltvedt, IR Analyst at Scatec ASA, on 26 January at 07:02 CET.
