Andfjord Salmon Group AS has today successfully completed a senior secured bond issue of NOK 1,250 million. The bond carries an interest rate of 3m NIBOR + 8.50%.
The net proceeds from the bond issue will be used to refinance ANDF01 (ISIN NO0013587246), including the applicable call premium, fund a DSRA (debt service reserve account) covering 12 months of the bond interest, completion of the project phase 2A and general corporate purposes.
Arctic Securities, Nordea, Pareto Securities and SB1 Markets acted as joint bookrunners in connection with placement of the bond issue.
An application will be made for the bonds to be listed on Oslo Stock Exchange.