DEbT
INFORMATION
Investor relations
BOND INFORMATION
Senior Secured USD 350 million bonds
Issue date: 4 April 2024
Maturity date: 4 April 2029
Cupon: 9.50%, payable semi-annually
ISIN: NO0013182766
Prospectus
BANK FACILITIES
Senior Secured USD 300 million Term Loan facility
Established: 4 April 2024
Maturity: 4 April 2029
Amortisation: USD 12.5 million quarterly instalments
Interest: 3M SOFR + 4.1%
USD 50 million Revolving Credit Facility
Interest: 3M SOFR +4.1%
COVENANTS
Bond Loan:
Free liquidity: Minimum USD 30 million
Equity Ratio: minimum 30%
Working capital: Positive
GET IN TOUCH
Kristian Rådal, our investors relations contact is here to help.
