AGR Petroleum Services Holdings AS contemplating secured bond issue
AGR Petroleum Services Holdings AS, a subsidiary of
AGR Group ASA, is contemplating the issuance of
secured bonds in the Norwegian bond market with
maturity in January 2018. The contemplated bond issue
will be in the amount of NOK 550 million.
Net proceeds from the contemplated bond issue will be
used to refinance existing debt and for general
AGR Group ASA is also in advanced talks with its
banks to refinance its Drilling Services division.
This will complete the refinancing of AGR Group ASA.
Arctic Securities, DNB Markets and Pareto Securities
have been retained as arrangers of the contemplated
For further information, please contact:
AGR Group CFO Svein Sollund at +47 918 06 910
Arctic Securities: Fabian Qvist phone + 47 21 01 31 91
DNB Markets: Nils-Jørgen Fimland phone + 47 24 16 90
Pareto Securities: Inge Edvardsen phone +47 22 87 87