Commentary & Deal Flow

Novo Nordisk A/S, (ticker: "NOVOB") rated Aa3 (stable) by Moody’s and AA (stable) by S&P, has mandated BNP Paribas and Deutsche Bank as Joint Bookrunners to arrange a fixed income investor call today, Monday, 1st June 2026, at 2pm CEST.

An inaugural senior unsecured CHF-denominated benchmark multi-tranche offering comprising 3-year, 6-year, 10-year and 15-year tenors may follow, subject to market conditions. The notes are expected to be rated AA by S&P.

The manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all channels for distribution), subject to applicable selling restrictions. The UK MiFIR manufacturer target market is professional clients and eligible counterparties only, subject to applicable selling restrictions.

Group Investor Call:
The group investor call will be held today at 2pm CEST, please register directly via the following link:
Registration link: https://www.netroadshow.com/events/login/1PeTHmohHYbE9BMT6SrBT4AOaKjNmpcfwejHY

Management Representatives:
Linette Nielsen - Vice President, Corporate Treasury
Alex Bruce - Associate Investor Relations Director