Bakkegruppen redeems bond loan ahead of schedule

Bakkegruppen AS will fully redeem its NOK 500,000,000 FRN Senior Secured Bonds 2021/2025 (ISIN: NO0010917750) ahead of its original maturity date of March 31, 2027. The new settlement date for the redemption is December 16, 2025.

The redemption will be executed at a call price of 100.23041%, equating to a total payment of NOK 150,345,616 for the remaining principal amount of NOK 150,000,000. This follows the completion of capital changes in the issuer's Business Register, as required for the redemption. Nordic Trustee AS, acting as bond trustee, confirmed that accrued PIK interest in the current interest period is cancelled. The record date for this transaction is December 12, 2025.

Bondholders were informed via a notice from Nordic Trustee, dated December 12, 2025, detailing the final distribution.