AF Gruppen — Capital/Financing Update 2015

Jun 23, 2015

New loan facility for AF Gruppen

New loan facility for AF Gruppen

Today, AF Gruppen (AFG) has entered into a new loan

facility with Handelsbanken. The facility amounts to

NOK 600 million and replaces the existing loan

facility of NOK 600 million divided between Danske

Bank and Handelsbanken.

The new agreement has been entered into for the

period until June 2020 and consists of a one-year

credit facility of NOK 600 million with annual

renewals. AF has, in addition to this revolving

credit facility, a multicurrency credit facility in

Danske Bank of NOK 800 million as well as a credit

facility of NOK 80 million in DNB.

- We are pleased to continue our good relationships

with strong long-term financial partners, says Pål

Egil Rønn, CEO of AF Gruppen.

For further information:

Executive Vice President / CFO, Sverre Hærem, tel:

+47 95 24 51 67

Finance manager, Lars Chr. Paulsen, tel: +47 90 02

59 69