ABG Sundal Collier acted as Co-Manager for a USD 550 million senior secured note offering by TGS ASA

TGS ASA (the “Company”), a leading provider of advanced data and intelligence for the energy sector, has successfully completed the issuance of USD 550 million in senior secured notes with a five-year tenor and a fixed rate coupon of 8.50%. The net proceeds, together with proceeds from certain new credit facilities, will be used to fully redeem the outstanding 13.50% senior secured bonds issued by Petroleum Geo-Services AS and to refinance other existing debt. The issuance, under US documentation, attracted significant demand from a diverse group of high-quality institutional investors.