Cidron Romanov Limited: early bond redemption confirmed after NOBA Bank IPO

Cidron Romanov Limited has confirmed the satisfaction of the condition for early redemption of its outstanding NOK and SEK bonds. This follows the successful completion of the initial public offering of shares in its indirect subsidiary, NOBA Bank Group AB (publ).

Consequently, the redemption of the senior secured floating rate bonds 2021/2026, including ISIN NO0011134405 ("NOK Bonds") and ISIN NO0011134413 ("SEK Bonds"), is set for October 7, 2025. The redemption amount will be distributed to bondholders registered as of the October 3, 2025, record date, with the bonds subsequently delisted from Oslo Børs.

Cidron Romanov Limited was established to finance the Bank Norwegian Acquisition. Bank Norwegian operates as a fully digital bank providing consumer loans, credit cards, and deposit services across the Nordic market.