Dolphin Drilling AS announced signed loan facility with MAP Ltd. for USD 65 million senior secured loan facility. Reference is made to the Dolphin Drilling quarter financial report from November 28, 2023, where the company informed of a signed term sheet for a loan facility. The agreement has been signed by all parties.

The loan expires in September 2027, with no debt amortization for the first 12 months, and monthly payments thereafter until loan expiry date.