Vow ASA has secured NOK 620 million long-term financing with DNB, providing a strong financial foundation and support to Vow's planned growth. The debt package consists of a NOK 380 million term loan, a NOK 160 million overdraft facility and a NOK 80 million trade finance facility. It will be used to refinance existing loans and support the company's planned growth and working capital needs.

The financing facilities are at attractive terms, similar to those offered in 2021. The term loan will be classified as green financing within the DNB Sustainable Product Framework. This framework includes a verification by DNV and is based on the international Green Loan Principles (GLP).