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TOMRA: SUCCESSFUL ISSUANCE OF UNSECURED BONDS

06 November 2019

Reference is made to the Q3-presentation and announcement dated 21 October 2019 regarding contemplated bond issue. TOMRA Systems ASA has today successfully issued a total amount of NOK 1,000m in senior unsecured bonds. The transaction is split in two tranches, both were significantly oversubscribed:

- 3Y FRN: NOK 400m with a coupon of 3m Nibor + 0.50 % p.a.

- 5Y FRN: NOK 600m with a coupon of 3m Nibor + 0.75 % p.a.

The net proceeds will be used for general corporate purposes, including refinancing of existing debt. The settlement date is 14 November 2019 and the bonds will be applied for listing on the Oslo Stock Exchange.

DNB Markets and SEB have acted as Joint Lead Managers for the bond issues.

Asker, 6 November 2019

TOMRA Systems ASA

 

For further information please contact:

Espen Gundersen, Deputy CEO/CFO: +47 66 79 92 42 / +47 97 68 73 01

Bing Zhao, Director Investor Relations & Strategy: +47 40 21 08 19