Interest on the facility is linked to Mowi’s performance against sustainability KPIs which are consistent with Mowi’s overall ESG strategy, and the sustainability-linked facility is a significant step towards Mowi’s goal of 100% green or sustainable financing. The principal financial covenant of the facility is a minimum equity ratio of 35%, and the facility includes an accordion increase option which provides flexibility for the parties to agree to increase the size of the facility by an additional
The refinancing is subject to final documentation.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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