DNO Contemplates Hybrid Bond Issue

Core Viewpoint - DNO ASA, a Norwegian oil and gas operator, has engaged Arctic Securities AS, DNB Carnegie, and Pareto Securities AS as Joint Bookrunners to arrange fixed income investor meetings, potentially leading to a new subordinated hybrid bond issue depending on market conditions and acceptable terms [1]. Company Overview - DNO ASA is an oil and gas operator based in Norway, active in the Middle East, North Sea, and West Africa [1]. - The company was founded in 1971 and is listed on the Oslo Stock Exchange [1]. - DNO ASA holds stakes in various onshore and offshore licenses at different stages of exploration, development, and production in regions including the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d'Ivoire, and Yemen [1].