REFINANCING

Dolphin International AS, a subsidiary of Fred. Olsen Energy ASA, has
signed a new five year bank credit facility of up to USD 1.500 million.
The credit facility will be used to prepay existing bank loans, full
-finance the newbuild Bolette Dolphin and for general corporate
purposes. The facility is provided by 12 international banks and
GIEK/Eksportfinans.

Fred. Olsen Energy ASA

 
 
 

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REFINANCING