Cermaq ASA (OSL:CEQ) Cermaq ASA has today signed an agreement to increase its credit facilities. A multicurrency loan facility of U.S. $150 million has been secured with Danske Bank A/S, DnBNOR Bank ASA and Nordea Bank Norge ASA. The final maturity date and covenant structure is agreed on the same terms as the current facility of U.S. $ 300 million signed in December 2006, with final maturity in 2011 with a two year extension option. Margins and other fees reflect Cermaq`s good credit standing and the strong commitment from these three leading banks to the company. DnB NOR Bank ASA and Danske Bank A/S acted as Mandated Lead Arrangers with Nordea Bank Norge ASA acting as co-arranger. The facility will be used to support the continued growth of Cermaq and the funds will be made available after the completion of legal formalities in the group companies. For further information, please contact Steven Rafferty, Chief Financial Officer, tel +47 23 68 50 24, mobile: +47 97 66 41 04

Cermaq ASA

http://www.cermaq.com

ISIN: NO0010003882

Stock Identifier: XOSL.CEQ

ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 1) (Last 30 Days: 9) (Since Published: 1011)