Lundin Energy AB announces today that a number of talks will take place investment grade fixed income-investor. An offer of a seniort, unsecured bond loans (benchmark US Dollar denominated Rule 144A / Regulation S) may follow depending on market conditions.
For further information please contact:
VP Investor Relations
Tel: +41 22 595 10 14
Corporate Finance & Planning Director
Tel: +41 22 595 1003
This notice is provided for informational purposes only and is not intended for publication or distribution to, or for the use of, any natural or legal person in any jurisdiction or in any country where such form of publication, publication, distribution or use would be contrary to laws or regulations. . This announcement is not to be construed as a prospectus or offer of or sale or subscription of, or solicitation of any offer to acquire or subscribe for, any securities in the United States (including its territories and holdings, all U.S. states and the District of Columbia) and this notice may not be distributed except to (1) Qualified Institutional Investors (“QIBs”) as defined in Rule 144A of the US Securities Act of 1933 (the “Securities Act”); or (2) to non-US nationals located outside the United States in accordance with Regulation S under the Securities Act (and, if investors are resident in (i) a Member State of the European Economic Area (“EEA”), is a qualified investor in the meaning of Article 2 (e) Regulation (EU) 2017/1129 (the “Prospectus Regulation”) or (ii) the United Kingdom, a qualified investor within the meaning of the Prospectus Regulation, which constitutes national law under the European Union (Withdrawal) Act; 2018 (“EUWA”). Such securities may not be offered or sold in the United States without registration or exemption from registration under the Securities Act. No public procurement of securities will be conducted in the United States or in any other jurisdiction where such offering is restricted or prohibited.
No securities are intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any private investor in the EEA or the United Kingdom. For these purposes, a private investor is defined as (i) within the EEA a person who falls into one (or more) of the following categories: a) a non-professional client as defined in point 11, Article 4 (1) of Directive 2014 / 65 / EU (including amendments to “MiFID II”); or (b) a customer within the meaning of Directive 2016/97 EU, where such customer would not qualify as a professional customer as defined in paragraph 10, Article 4 (1) of MiFID II, or (ii) within United Kingdom a person falling into one (or more) categories of the following: (a) a non-professional client as defined in paragraph 8, Article 2 of Regulation (EU) 2017/565 which constitutes national law in accordance with EUWA; or (b) a client within the meaning of the Financial Services and Markets Act 2000, as amended after the implementation of Directive (EU) 2016/97, where such client would not qualify as a professional client, as defined in paragraph 8 of Article 2 (1) of Regulation (EU) 600/2014 which constitutes national law in accordance with EUWA.
The target market (MiFID II product management / UK MiFIR product management) are acceptable counterparties and only professional customers (all distribution channels). No packaged and insurance-based investment products for non-professional investors (PRIIPs) have been developed as this has not been made available for non-professional trading within the EEA. No PRIIPs in the UK have been developed as this has not been made available for non-professional trading in the UK.
This announcement may contain forecasts and other “forward-looking” statements within the meaning of applicable securities law. Such forecasts or statements reflect Lundin Energy AB’s (“Lundin Energy”) current view of future events and financial results. No assurances can be given regarding the outcome of such events or performances and actual results may differ materially from these forecasts. Lundin Energy does not undertake to publish any revision of these forward-looking statements to reflect events or circumstances that occur after the date of this announcement.
Neither the content of Lundin Energy’s website nor any website that is accessible with hyperlinks on Lundin Energy’s website is included in or forms part of this announcement.
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Lundin Energy is an experienced Nordic oil and gas company that prospects for, expands and extracts resources in an economical, efficient and responsible manner. We focus on creating value for our shareholders and stakeholders through three strategic pillars: Resilience, Sustainability and Growth. With high quality assets, produced at low cost, we are resilient changes in oil prices. Our organic growth strategy, combined with our sustainability work and commitment to reducing carbon dioxide emissions, consolidates our leading role in a future with lower carbon dioxide emissions. (Nasdaq Stockholm: LUNE). For more information, visit www.lundin-energy.com or download our app via www.myirapp.com/lundin
Certain statements as well as certain information in this notice constitute “forward-looking information” (in accordance with applicable securities laws). Such statements and information (collectively, “forward-looking statements”) relate to future events, including Lundin Energy’s future results, business prospects and business opportunities. Forward-looking statements include, but are not limited to, statements regarding estimates of reserves and / or resources, future production levels, future investments and the distribution of these to exploration and development activities, future drilling and other exploration and development activities. Final extraction of reserves and resources is based on forecasts of future results, estimates of quantities that can not yet be determined and assumptions by management.
All statements, except statements regarding historical facts, may be forward-looking statements. Statements about proven and probable reserves and resource estimates can also be considered as forward-looking statements and reflect conclusions based on certain assumptions that the reserves and resources are economically exploitable. All statements that express or involve discussions regarding predictions, expectations, beliefs, plans, forecasts, goals, assumptions or future events or achievements (often, but not always, with words or phrases such as “seek”, “anticipate”, “plan”, “Continue”, “appreciate”, “expect”, “may come”, “will”, “project”, “anticipate”, “potential”, “objective”, “intend”, “can”, “,” Should “,” believe “and similar expressions) do not constitute statements regarding historical facts and may be” forward-looking statements “. Forward-looking statements include known and unknown risks, uncertainties and other factors that may cause actual results and events to differ materially from those anticipated in such forward-looking statements. No guarantee can be given that these expectations and assumptions will prove to be correct and such forward-looking statements should not be relied upon. These statements are valid only at the time of the information and Lundin Energy does not intend, and does not undertake, to update these forward-looking statements, beyond what is required by applicable law. These forward-looking statements include risks and uncertainties relating to, among other things, operational risks (including risks related to exploration and development), production costs, access to drilling equipment, trust in key personnel, reserve estimates, health, safety and environmental issues, legal risks and regulatory changes, competition, geopolitical risks and financial risks. These risks and uncertainties are described in more detail under the heading “Risk management” and elsewhere in Lundin Energy’s annual report. The reader is advised that the above list of risk factors should not be construed as exhaustive. Actual results may differ materially from those expressed or implied in such forward-looking statements. Forward-looking statements are expressly subject to reservations under this cautionary statement.