As previously announced, B2Holding ASA has been engaged in discussions with reputable institutional investment partners to establish a co-investment partnership predominantly for B2Holding’s back book in secured assets. “We have advanced well since the previous quarter and have now completed the first milestone of this partnership. I am very pleased to announce that the key financier in this first step is a company managed and advised by Pacific Investment Management Company LLC (“PIMCO”), one of the largest asset managers and capital providers in the world. In addition to being a credible and sought-after capital provider, PIMCO and its affiliates have strong experience and competence within non-performing assets which we believe is setting the grounds for a mutually beneficial cooperation with B2Holding going forward. I would like to thank PIMCO for the collaborative spirit during the proceedings.” said Erik Just Johnsen, CEO B2Holding ASA The investment from the company managed and advised by PIMCO is a non-recourse senior financing structure for the countries where secured assets is the predominant asset class. The senior financing will represent approximately 50% of book value of the assets included in the structure at an interest rate of 5%. Most of the countries in the Central and South Eastern Europe region will be included in the structure with the addition of France and Italy. The unsecured assets in these countries will also be included in the structure. The structure provides for a redeployment of capital from collection and recoveries under an agreed framework, in addition to potential co-investments with PIMCO and/or its affiliates for larger portfolios. B2Holding will be the master and/or the special servicer of the portfolios included in the structure. About PIMCO PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50 years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. This information is subject of the disclosure requirements acc. to section 5-12 of the Norwegian Securities Trading Act. For further information, please contact: Rasmus Hansson Head of Commercial Strategy and Investor Relations, B2Holding ASA Mobile: +47 952 55 842 E-mail: rh@b2holding.no About B2Holding Group: B2Holding ASA is a Nordic-based debt solutions provider with platforms in over 20 European countries. B2Holding has experienced significant growth since its inception in 2011 and has established itself as one of the leading European debt purchasers and a solution-oriented partner within the debt servicing industry. The Group employs approximately 2,200 people. B2Holding ASA is headquartered in Oslo, Norway and the B2Holding share is listed on the Oslo Stock Exchange under ticker “B2H”. For further information, visit www.b2holding.no
