Refinancing of credit facility

Fred. Olsen Energy ASA has signed a new six year bank credit facility of up to USD 2.000 million. The credit facility will be used to repay existing bank loan, full-finance the newbuild Bollsta Dolphin and for general corporate purposes. The facility is provided by a group of international banks and GIEK/Eksportkreditt; with Nordea, ING, ABN Amro, Danske Bank, DNB, Handelsbanken, SEB and Swedbank as Mandated Lead Arrangers.

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