Bank loan

USD 1.45 billion credit facility


In June 2014 Fred. Olsen Energy ASA signed a new six year bank credit facility of originally USD 2 billion. The newuild tranche for Bollsta Dolphin has been cancelled, hence the remaining facility amounted to USD 1.45 billion for general corporate purposes.

There are semi annual instalments of 95.5 million on the facility.

The facility is provided by a group of international banks.