NOBA Bank Group AB - Tender Offer (NO) - Launch

NOBA Bank Group AB (publ) announces tender offer for certain of its outstanding NOK and SEK bonds - NO0010952831/NO0010952823

18 SEPTEMBER 2023

Full announcement including disclaimers and offer restrictions available via NOBA Bank Group AB

"NOBA Bank Group AB (publ), reg.no. 556647-7286 (the “Issuer”) today announces its invitation to the holders (including any beneficial owners who hold their bonds via nominees or custodians) (the “Bondholders”) of its outstanding bonds outlined below (the “Bonds”) to tender their Bonds for purchase by the Issuer for cash (the “Tender Offer”) up to and subject to the Transaction Cap (as described herein). The Issuer has appointed Nordea Bank Abp (“Nordea”) to act as dealer manager (the “Dealer Manager”) in connection with the Tender Offer. The Tender Offer is made on the terms and subject to the conditions set out below.

Purchase price

Subject to the terms and conditions set out in this tender information document and the applicable minimum denomination in respect of the Bonds, the Issuer offers to purchase the Bonds at the purchase price set out below (the “Purchase Price”):"

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"Purpose of the Tender Offer

The Tender Offer is being made as part of the Issuer’s commitment to actively use liability management as a tool to manage its balance sheet."

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