ABGSC acted as joint manager and bookrunner for Beerenberg and Segulah in connection with the NOK 750m senior secured bond issue

Beerenberg AS, a portfolio company of Segulah, has successfully completed a NOK 750m senior secured bond issue. The proceeds from the financing will be used to redeem the outstanding BBERG02 bonds at the current call price of 100% of par value (plus accrued interest), and for general corporate purposes. The senior secured bond will have a coupon of 3 month NIBOR plus 8% p.a., and will be listed on Oslo Stock Exchange.