Pelagia Holding AS – Refinancing completed

10 Nov 2022 17:38 CET

Issuer

Pelagia Holding AS

Pelagia Holding AS has today completed a refinancing of the group’s bank debt.
The new agreement is a combination of a 5-year long-term debt and a short-term
working capital financing. The conditions in the new agreement are mainly in
line with the conditions in the former agreement. In addition to the new bank
financing agreement the company has an unsecured bond outstanding due in
December 2025. The financing agreements of the group gives a good foundation for
the operations and planned growth going forward.

For any questions please contact:
CEO Egil Magne Haugstad on e-mail emh@pelagia.com
CFO Rolf Andersen on e-mail ran@pelagia.com

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act


Source

Pelagia Holding AS

Provider

Oslo Børs Newspoint

Company Name

Pelagia Holding AS 20/25 FRN FLOOR C

ISIN

NO0010907785

Market

Oslo Børs