Grieg Seafood ASA has entered into a new loan agreement with Nordea and Danske Bank to refinance its existing credit facilities, totaling MNOK 1,500 over five years. Of this, MNOK 900 is a loan repaid with MNOK 22.5 per quarter. GSF's total credit limit increases through this financing agreement with MNOK 495, resulting in a solid financial foundation for the company's further growth.

The terms reflect that the selected banks have confidence in GSF. The financial covenants state that the equity should be minimum 35% and NIBD/EBITDA must be under 4.5. Given an equity higher than 40%, NIBD/EBITDA can to be up to 5.0. NIBD/EBITDA can also be up to 6.0 for three quarters.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)