Aker BioMarine repays parent with new credit lines

Aker BioMarine, the Norwegian fish food firm, has extended its existing revolving credit line by signing a new $105m three year loan alongside a new Nkr100m ($17.2m) credit line.

  • 29 Apr 2013
The new facilities will be used to refinance the company’s Nkr305m bond loan, due to expire on May 25 2013, and to repay Nkr46m of outstanding accumulated guarantee fees to Aker, of which Aker BioMarine is a wholly owned subsidiary. In 2010 Aker BioMarine had agreed to pay ...

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