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Schibsted ASA (SCH) - Successful Placement of New Unsecured Bonds


April 28, 2014 - London

Reference is made to the notification sent 28 April, 2014 regarding a potential new bond issue by Schibsted ASA.

Schibsted ASA has successfully completed issuance of NOK 600 million in the Norwegian bond market with a seven year loan with maturity in May 2021 priced at 3 months NIBOR plus 110 basis points

The purpose of the bond issuance is general corporate purposes.

An application will be made for the bonds to be listed on Oslo Børs.

Handelsbanken Capital Markets and SEB have acted as Joint Managers for the issuance.

Contact persons:
Schibsted ASA
Trond Berger, CFO
Mobil: + 47 91 68 66 95

Handelsbanken Capital Markets
Robert Øvrebø
Tel: +47 22 82 30 12

SEB
Kenneth Edvardsen
Tel: +47 22 82 72 56

Oslo, 28 April 2014
Schibsted ASA

Jo Christian Steigedal
VP Investor Relations

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Schibsted via Globenewswire

HUG#1780441

GlobeNewswire

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