(Oslo, Norway - November 14, 2023) Nordic Semiconductor ASA ("Nordic"), rated
BBB (Negative outlook) by Nordic Credit Rating, has successfully completed a new
5-year senior unsecured bond issue with an initial issue amount of NOK 300
million and an interest rate of 3 months Nibor +300 bps. Danske Bank acted as
Sole Manager.
Furthermore, Nordic has mandated Danske Bank as Global Coordinator and Sole Lead
Manager and HSBC as Co-Manager to arrange a series of virtual investor meetings
commencing on November 14, 2023. One or more NOK denominated senior unsecured
bond issues with expected tenor of 3 and/or 5 years may follow, subject to inter
alia market conditions.
For further information, please contact:
Pål Elstad, CFO Nordic Semiconductor ASA Phone: +47 991 66 293
Ståle Ytterdal, SVP IR Nordic Semiconductor ASA Phone: +47 930 37 430
About Nordic Semiconductor:
Nordic Semiconductor is a Norwegian fabless semiconductor company specializing
in wireless communication technology that powers the Internet of Things (IoT).
Nordic was established in 1983 and has more than 1500 employees across the
globe. Our award-winning Bluetooth Low Energy solutions pioneered ultra-low
power wireless, making us the global market leader. Our technology range was
later supplemented by ANT+, Thread and Zigbee, and in 2018 we launched our low
power, compact LTE-M/NB-IoT cellular IoT solutions to extend the penetration of
the IoT. The Nordic portfolio was further complemented by Wi-Fi technology in
2021.
For more information go to www.nordicsemi.com
This information is subject to the disclosure requirements according to §5-12 in
the Norwegian Securities Trading Act.