Verd Boligkreditt AS - New NOK Covered Bond mandate

Verd Boligkreditt AS has mandated Danske Bank, DNB Carnegie, Nordea and SEB to investigate the possibility of launching a new FRN Benchmark level 1b Covered Bond (Premium) with maturity August 2031.

The deal will be backed 100% by Norwegian residential mortgages and is expected to be rated Aaa by Moody's. The transaction may be launched in the near future, subject to market conditions.

Contact persons at Verd Boligkreditt AS:

Sigve Husebø, CEO, Tel: +47 971 26 494 Ola Engelsen, CFO, Tel: +47 992 71 524

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