Orkla ASA is considering launching new bond issues in the Norwegian bond market. In connection with this, Orkla will offer to buy back bonds in the two bond issues ORK02 (NO 001016700.0) and ELK15 (NO 001019836.9) subject to bondholders subscribing in the new loans.
The funds will be used for general corporate purposes. DnB NOR Markets and Nordea Markets have been chosen as arrangers of the new issues.
For further information about the transaction Jan Krogh-Vennemo in DnB NOR Markets (Tel +47 22 01 77 89) or Eivind Solheim in Nordea Markets (Tel +47 22 48 78 64) can be contacted.
Oslo, 30 March 2009