Three Nordics underwrite $500m Detnor revolver

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Three Nordics underwrite $500m Detnor revolver

Bookrunners DnB Nor, Nordea and SEB have underwritten a $500m revolving credit facility for oil exploration firm Det Norske Oljeselskap (listed on the Oslo Stock Exchange as Detnor). The loan, alongside a $91m equity raise carried out in August, will be used to finance Detnor’s field developments, beginning with the Jette, Atla and Krafla fields.

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