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Yara International: successful placement of new bonds

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Oslo, 2 November 2021: Reference is made to the stock exchange notice on 29 October 2021 regarding a contemplated bond issuance.

Yara International ASA has today completed a successful placement of senior unsecured bonds with a total amount of NOK 2,150 million.

The transaction was substantially oversubscribed and split into two tranches:

  • 5Y NOK 1,150 million floating rate note with a coupon of 3m Nibor + 0.64 % p.a.

  • 5Y NOK 1,000 million fixed rate note with a coupon of 2.41% p.a.

The net proceeds will be used for general corporate purposes, including refinancing of debt. An application will be made for the bonds to be listed on Oslo Børs.

In conjunction with the new bond issuance, Yara International ASA has bought back NOK 443 million of bonds maturing on 17 December 2021 (ISIN NO0010727985) at a price of 100.212.

Danske Bank acted as Sole Bookrunner for the bond issuance.

For more information, please contact:
Liv Bergh, Head of Funding
Mobile: (+47) 414 02 153
E-mail: liv.bergh@yara.com

Silje Nygaard, Acting Head of Investor Relations
Mobile: (+47) 957 04 843
E-mail: silje.nygaard@yara.com


About Yara

Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger and a planet respected, we pursue a strategy of sustainable value growth, promoting climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is focused on growing a climate positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.

To achieve our ambition, we have taken the lead in developing digital farming tools for precision farming, and work closely with partners throughout the food value chain to improve the efficiency and sustainability of food production. Through our focus on clean ammonia production, we aim to enable the hydrogen economy, driving a green transition of shipping, fertilizer production and other energy intensive industries.

Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry’s only global crop nutrition company. We operate an integrated business model with around 17,000 employees and operations in over 60 countries, with a proven track record of strong returns. In 2020, Yara reported revenues of USD 11.6 billion.

www.yara.com

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act


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