Kongsberg Gruppen

Capital/Financing Update • Mar 7, 2024

NOK 2.5bn RCF termination date extended to 2029

NOK 2.5bn RCF termination date extended to 2029

Reference is made to Kongsberg Gruppen ASA’s (“KONGSBERG's”) existing NOK 2.5 billion multi-currency revolving credit facility (“RCF”) signed 22 March 2022, with a termination date of 22 March 2028.

KONGSBERG has on 7 March 2024 obtained confirmation from the facility’s agent that all lenders have consented to KONGSBERG’s request to extend the facility agreement by one year.

KONGSBERG’s request to extend the agreement was made through the utilization of the second and final extension option included in the agreement. The new termination date for the RCF is 22 March 2029, accordingly.

KONGSBERG (OSE ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers in a wide range of markets such as defence, security, maritime, energy, aerospace, climate mapping and subsea technology. KONGSBERG has more than 13,500 employees in 39 countries and has a total turnover of NOK 40.6 billion in 2023.

Follow us at: kongsberg.com, Facebook, Twitter and LinkedIn