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Published on 11/4/2014 in the Prospect News Bank Loan Daily.

Marine Harvest refinances with €555 million five-year revolver

By Marisa Wong

Madison, Wis., Nov. 4 – Marine Harvest ASA announced an agreement to refinance its existing bank facilities with a senior secured five-year multicurrency revolving credit facility with its existing lenders, DNB, Nordea, Rabobank and ABN Amro.

The amount of the facility has been increased to €555 million from €425 million, according to a press release.

The accordion option has been reduced correspondingly to €295 million from €425 million.

Other terms of the facility are unchanged by the increase, the release noted.

The seafood and salmon-farming company is based in Oslo.


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