Color Group AS – Refinancing of M/S SuperSpeed 1

23 Jan 2023 12:23 CET

Color Group AS (org. number.: 958815018) has today concluded and signed a new
5-year financing agreement with 1'st priority mortgage in the Transport-ferry
M/S SuperSpeed 1. The new facility is in the amount of NOK 650 mill., with the
same covenant structure as existing (vessels) mortgaged loans. The re-payment
profile is approx. 15 years. The drawn tranche will re/up-finance the existing
loan facility due in June 2023(outstanding amount as per today: NOK 499,5
mill.). The banks financing this transaction are: Danske Bank (Agent, Security
Agent, MLA, and Bookrunner), Sparebanken Møre (MLA and Bookrunner), and Nordea
(MLA and Bookrunner).


Source

Color Group AS

Provider

Oslo Børs Newspoint

Company Name

Color Group AS 18/23 FRN, Color Group AS 19/24 FRN FLOOR, Color Gr AS 20/PERP FRN C SUB

ISIN

NO0010837214, NO0010864531, NO0010893340

Market

Oslo Børs