ABG Sundal Collier acted as sole manager and bookrunner for the NOK 950 million senior secured bond issue by Lime Petroleum AS

Lime Petroleum AS (“Lime Petroleum”) has successfully raised a senior secured bond of NOK 950 million with a tenor of 3 years. The bond issue attracted strong interest from Norwegian and international investors. The purpose of the new bond issue is refinancing Lime Petroleum’s existing NOK 500m bond issue in full (ISIN NO0011037343), partly financing the acquisition of a 10% working interest in the Yme field from KUFPEC Norway AS (“KUFPEC”) and general corporate purposes. For the first time in the Nordic bond market a Reverse Greenshore Option of up to NOK 100m will be used to buy back Bonds in the secondary market through reverse Dutch auctions(s) at issue price or lower for a three months period.