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Fred. Olsen Energy ASA - Refinancing of credit facility

June 30, 2014



ENP Newswire - 30 June 2014

Release date- 27062014 - Fred. Olsen Energy ASA has signed a new six year bank credit facility of up to USD 2.000 million.

The credit facility will be used to repay existing bank loan, full-finance the newbuild Bollsta Dolphin and for general corporate purposes. The facility is provided by a group of international banks and GIEK/Eksportkreditt; with Nordea, ING, ABN Amro, Danske Bank, DNB, Handelsbanken, SEB and Swedbank as Mandated Lead Arrangers.

Contact:

Fred. Olsen Energy ASA

Ivar Brandvold

Chief Executive Officer

Email: adm@fredolsen-energy.no

Hjalmar Krogseth Moe

Chief Financial Officer

Email: hkm@fredolsen.no


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Source: ENP Newswire


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