Call Options: Tax Call at Par, Make Whole Call (Partial or Whole), 3m Par Call, Clean-Up Call (80%) at Par
Change of Control Put Option: Yes, at Par
Change of Control: A Change of Control shall be deemed to occur if the Kingdom of Norway ceases to (a) own, directly or indirectly, 100 per cent. of the issued share capital of the Issuer, or (b) control the Issuer, and for the purposes of this definition control means the power to direct the management and policies of the Issuer or to control the composition of its board of directors or other equivalent body, whether through the ownership of share capital, by contract or otherwise.
Global Coordinators: BNP Paribas (B&D), Danske Bank
Joint Bookrunners: BNP Paribas (B&D), Danske Bank, DNB Carnegie, Nordea, SEB
Selling Restrictions: As per the Issuer’s EMTN Programme (RegS, Category 2, TEFRA D)
Target Market: MiFID II / UK MiFIR professionals/ECPs-only (all distribution channels). No EEA PRIIPs key information document (KID) or CCI product summary has been prepared as not available to retail in EEA or UK