AF Gruppen — Capital/Financing Update 2023

Sep 29, 2023

New loan facility for AF Gruppen

New loan facility for AF Gruppen

AF Gruppen (AFG) has agreed a new loan facility with Handelsbanken. The new facility of NOK 1.5 billion will replace the existing loan facility of NOK 1.0 billion in the same bank.

The new agreement is a sustainability linked revolving credit facility with a duration of 3+1+1 year. AF Gruppen also has a multicurrency overdraft facility (duration rolling 1 year) of NOK 2 billion in DNB. The company’s total loan facilities are now NOK 3.5 billon.

- We are happy to extend the good cooperation with Handelsbanken. A new long term credit facility provides us with the flexibility we need to carry out the company’s growth strategy, says Anny Øen, CFO of AF Gruppen.

For further information:

Executive Vice President / CFO, Anny Øen, tel: +47 982 23 116