27 May 2011

Norske Skog - private bond offering

This press release is not a prospectus but an advertisement. Investors should not subscribe for any transferable securities referred to in this announcement except on the basis of information in an offering memorandum to be published by Norske Skogindustrier ASA in connection with any offering.


Norske Skog - private bond offering



Norske Skogindustrier ASA announced today that it launched a private offering of up to €300 million aggregate principal amount of senior notes.  The notes will be unsecured obligations of Norske Skog.  Norske Skog intends to use the net proceeds from the sale of the notes to repay a portion of its existing indebtedness. 



Oxenøen, 27 May 2011


Norske Skog
Corporate communication



For further information:
Vice President Corporate Communication
Carsten Dybevig
Mob: (+47) 917 63 117

Financial markets:
Vice President Investor Relations
Jarle Langfjæran
Mob: (+47) 909 78 434

Senior Advisor Investor Relations
Frode Tegnér
Mob: (+47) 906 19 102






The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the "Securities Act") and may not be offered or sold in the United States unless they are registered under the Securities Act or pursuant to an exemption from registration.  The securities are being privately placed and there will be no public offering of any securities in the United States.


This press release does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore. The offer and the distribution of this press release and other information in connection with the listing and offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.


This communication is only directed at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). Any offered securities will only be available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this communication or any of its contents.



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