Telenor ASA - Issuance of bonds

Telenor ASA has on 18 September 2019 issued the following bond tranches under the company's EMTN programme:

- EUR 500,000,000, fixed coupon 0.00%, maturity 25 September 2023,
- EUR 500,000,000, fixed coupon 0.25%, maturity 25 September 2027,
- EUR 500,000,000, fixed coupon 0.625%, maturity 25 September 2031.

All tranches will settle on 25 September 2019. The proceeds will be used for general corporate purposes, including acquisitions and repayment of existing indebtedness.
The bonds will be listed on Luxembourg Stock Exchange.
Joint Book Runners : HSBC, ING, J.P. Morgan and Mizuho

For further information: Frode Borhaug, Director, Head of Funding, telephone +47 91638645