BioFish Holding AS — Capital/Financing Update 2024

Mar 13, 2024

BIOFISH HOLDING AS: Agreements for a new revolving credit facility and the extension of existing loan facility signed

BIOFISH HOLDING AS: Agreements for a new revolving credit facility and the extension of existing loan facility signed

Reference is made to the stock exchange announcement made 12 February 2024. Biofish Holding AS (the “Company” or “BioFish”) is pleased to announce that the refinancing process has been finalised. The Company has signed agreements for both a new revolving credit facility of NOK 33 million and the extension of the duration of its existing loan (NOK 51 million) until 31 January 2027.

“BioFish is in the process of increasing the volume of biomass in the facility at Ljones, and as a result of this we expect an increase in working capital going forward. The new credit facility will enable us to continue our production growth,” says Johnny Duedahl.

For more information please contact:

Johnny Duedahl, CFO

Mob: +47 982 06 833 Email: johnny@biofish.no