ABG Sundal Collier acted as joint lead manager for the USD 75 million senior unsecured bond issue by Pandion Energy AS

Pandion Energy AS (“Pandion Energy”) has successfully raised a senior unsecured bond of USD 75 million with a tenor of 4 years. The bond issue attracted strong interest from Norwegian and international investors. The purpose of the new bond issue is refinancing of the existing NOK 400 million senior unsecured bonds with maturity in April 2023 (ISIN NO 001 0820103) (“PANE01 PRO”) as well as general corporate purposes. Upon closing of the new bond issue, Pandion Energy will issue a call notice for full redemption of PANE01 PRO.