Pelagia Holding AS – Refinancing completed


Pelagia Holding AS has 10. November 2022 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.