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Elmera Group ASA: Refinancing complete
26 Sep 2024 19:56 CEST
Issuer
ELMERA GROUP ASA
Reference is made to the announcement regarding refinancing in the company's
quarterly report for the second quarter of 2024.
Elmera Group ASA has today completed the refinancing of its senior secured term
and revolving facilities. The new facilities have similar terms as the previous
facility, however so that the new aggregate amount available to Elmera Group ASA
and its subsidiaries will be NOK 8.05b and will consist of a NOK 850m term loan
facility, a NOK 5.2b revolving credit facility (including a NOK 1.5b overdraft
facility) and a NOK 2.0b guarantee facility. Terms are otherwise in line with
that which has been presented previously. The facility tenor is 3 years, with
1+1 years extension options.
The new facilities are provided by a syndicate of banks consisting of DNB Bank
ASA, Danske Bank, Norwegian Brach, Sparebanken Vest and Swedbank AB (publ), and
will be used to refinance existing debt, general corporate purposes and working
capital as well as providing a liquidity reserve for the group.
For further information, please contact: Morten A. W. Opdal, Head of Group
Accounting, Reporting and IR, + 47 970 62 526
More information:
Access the news on Oslo Bors NewsWeb site
Source
Elmera Group ASA
Provider
Oslo Børs Newspoint
Company Name
ELMERA GROUP ASA
ISIN
NO0010815673
Symbol
ELMRA
Market
Oslo Børs