Commentary & Deal Flow

Nordic market: B2Holding ASA, rated B1 (Stable outlook) by Moody's and B+ (Positive outlook) by S&P, has mandated DNB Markets, Nordea and Pareto Securities as Global Coordinators and Joint Bookrunners and Arctic Securities as Joint Bookrunner to arrange a series of fixed income investor meetings commencing Tuesday, 13 September 2022 (global investor calls Tues 10am CEST and 3pm CEST, and 1-1 meetings Tues and Weds). Term sheet and investor presentation will be made available on NetRoadshow, details to follow.

A senior unsecured 4-year floating rate EUR 150m (expected size) bond issue may follow, subject to inter alia market conditions. The new senior unsecured bonds are expected to be assigned B1/B+ ratings by Moody’s/S&P.

B2Holding will offer a buy-back of B2H03 (ISIN: NO0010809932) and B2H04 (ISIN: NO0010822646) conditional upon subscription into the new bond in connection with the potential transaction. Biz: a European financial services provider, specializing in the nvestment and wrkout of non-performing loans primarily from the banking sector, as well asproviding third pary debt collection services. HQ: Oslo, Norway.