Fjord1 AS (Fjord1), one of the largest ferry and high-speed passenger boat operators in Norway and a portfolio company of private equity firm Vision Ridge partners, has completed a NOK 6.5 billion debt refinancing.
Proceeds will be used to repay the company’s existing loan facilities including the outstanding bond (ticker FJORD01 and ISIN NO0010810302) and all additional outstanding interest and principal through the maturity date of 22 November, 2022. In connection with the completion of the refinancing, Fjord1 expects to launch a buyback offer to its existing bondholders.
