Commentary & Deal Flow

Launched: 10yr: €500m @ MS+32bp - Books above €1.32bn (incl. €125m JLM interest) - pre-rec
Book Update: Books above €1.25bn (incl. €125m JLM)
Guidance: 10yr: MS+38a

• Issuer: Eika Boligkreditt AS
• LEI: 549300T7MMTBQXCJOQ79
• Expected Ratings: Aaa (Moody's)
• Status of the Notes: Norwegian Covered Bonds backed by residential Norwegian mortgages (European Covered Bond (Premium) and ECBC Covered Bond Label compliant), ECB repo & LCR Level 1B eligible
• Format: Bearer - New Global Note (NGN) form
• Issue Size: €500m
• Ranking: Covered Bond
• Final Terms: MS+32bp
• Maturity Date: 9-Sep-36 (soft bullet)
• Day Count: Act/Act ICMA, unadjusted following
• Governing Law: English and, as to Condition 2 of the Terms and Conditions, Norwegian Law
• Documentation: Under the Issuer's €20bn Euro Medium Term Covered Note Programme dated 16-Oct-25, as amended or supplemented from time to time
• Listing: Euronext Dublin Regulated Market
• Denominations: €100,000 + €1,000
• ISIN: XS3498888661
• Joint Bookrunners: Credit Agricole CIB, Danske Bank, Erste Group, LBBW, Nordea
• Schedule: Books open, today's business
• Books to close: 1200 CEST / 1100 UKT
• Pricing Date: 2-Sep-26
• Settlement Date: 9-Sep-26 (T+5)
• Target Market: Manufacturer Target Market (MiFID II / UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EU PRIIPs key information document (KID) or UK CCI disclosure document has been prepared as not available to retail in the EEA or the UK
• Fees: The Joint Bookrunners will be paid a fee in connection to the transaction
• Advertisement: The Prospectus, any supplements thereto, and the Final Terms (when published) will be available at: https://www.eikbol.no/investor-relations/emtcn-and-final-terms