Lucara Announces That Euronext Oslo Børs Has Admitted Its US$350.0 Million Senior Secured Bonds To Registration On Euronext ABM
VANCOUVER, BC, September 2, 2026 /CNW/ - (LUC – TSX, LUC – BSE, LUC – Nasdaq FNGM)
Lucara Diamond Corp. ("Lucara" or the "Company") announces that Euronext Oslo Børs has admitted the US$350.0 million senior secured bonds (the “Bonds”) issued by its wholly owned subsidiary, Lucara Capital S.à.r.l. (“Lucara Capital”), to trading on Euronext ABM, effective September 3, 2026.
The Bonds were issued on March 30, 2026, have a tenor of five years and carry a fixed coupon rate of 12.5 percent per annum, with interest payable in quarterly instalments. The Bonds are listed under ISIN NO0013738237. The admission document is available on Lucara’s website: https://lucaradiamond.com/investors/bond-information/.
As previously announced, the net proceeds from the bond issuance have been applied to fully repay the Company's previous US$220.0 million senior secured project finance facilities with its previous lending syndicate. The remaining proceeds will be used to fund a dedicated debt service retention account covering two years of interest on the Bonds and to support the continued development of the Karowe Underground Project (the "UGP" or "Project") (see March 30, 2026 news release).
On behalf of the Board,
William Lamb
President and Chief Executive Officer
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The information in this release is subject to the disclosure requirements of Lucara pursuant to the EU Market Abuse Regulation. The Company's certified adviser on the Nasdaq First North Growth Market is Bergs Securities AB, [email protected], +46 739 49 62 50. This information was submitted for publication, through the agency of the contact person set out above, on September 2, 2026, at 4:00 p.m. Pacific Time.