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2015-09-30

LM Group Holding A/S: LM Group Holding A/S Announces Pricing of EUR50 million equivalent NOK-denominated Green Bond

Company announcement 16/2015
LM Group Holding A/S ("LM Group Holding" and, together with its consolidated
subsidiaries, "LM Wind Power") has priced its previously announced green bond
issuance (the "Green Bond") of NOK 475,000,000 in aggregate principal amount
of floating rate senior secured notes due 2020. The company has swapped this
into fixed rate Euros. The Green Bond benefits from the same guarantees and
security as secures LM Group Holding's existing secured notes due 2019.

The Green Bond will mature in October 2020, unless earlier repurchased in
accordance with their terms. Interest on the Notes is payable quarterly in
arrears on January 8, April 8, July 8 and October 8 of each year, beginning
on January 8, 2016. The offering of the Notes is expected to close on October
8, 2015, subject to customary conditions.

LM Group Holding intends to use the proceeds of the Green Bond to fund, in
whole or in part, the expansion of LM Wind Power through projects, including:
the financing of new plants for the manufacture of wind turbine blades;
investments in existing plants that manufacture wind turbine blades, with a
particular focus on the implementation of certain manufacturing processes and
the upgrading of plant and machinery; potential acquisitions of businesses
that solely manufacture wind turbine blades; and research and development,
with a particular focus on technology facilitating the development of longer
wind blades.
About LM Wind Power

LM Wind Power is the world's largest independent supplier of rotor blades for
wind turbines, with a global manufacturing footprint that includes 12
facilities in Canada, China, Denmark, India, Poland, Spain and the United
States. The company has produced more than 175,000 blades since 1978,
corresponding to more than 70 GW installed capacity and global savings of
more than 120 million tons of CO2annually.
For further information, please contact Christopher Oliver Springham, VP,
Global Communications&HR, at +31 6 14814919, or Lene Mi Ran Kristiansen,
Manager, Global Communications, at +45 5138 8236.

Disclaimer

The securities being offered by LM Group Holding A/S will not be and have not
been registered under the United States Securities Act of 1933 and may not be
offered or sold in the United States absent registration or an applicable
exemption from registration requirements.

This announcement does not contain, constitute or form a part of any offer or
solicitation to purchase, subscribe or otherwise trade in notes or other
securities in LM Group Holding A/S or LM Wind Power.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: LM Group Holding A/S via Globenewswire

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