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Salmon Evolution Holding ASA – Signed committed term sheet for NOK 625 million debt financing package

Friday, April 16, 2021, 18:00 (GMT + 9)

Salmon Evolution Holding ASA ("Salmon Evolution" or the "Company", OSE: SALME) refers to the Company’s report for the fourth quarter 2020 published on 2 March 2021 where it was stated that the Company expected to finalize a committed term sheet for long term bank debt financing by Q2 2021. Salmon Evolution is pleased to announce that it has now entered into a committed term sheet (the “Term Sheet”) with Nordea as agent and Sparebanken Vest as co-lender (jointly the “Lenders”) for a senior secured debt financing package of up to NOK 625 million relating to its phase 1 build out at Indre Harøy. Photo: Salmon Evolution The debt financing package consists of the following credit facilities:     NOK 525 million senior secured credit facility which will be used to finance constr... FULL STORY

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