NOK 250m standby credit facility extended
Njord Gas Infrastructure AS ("the Company") has today
entered into an amendment agreement ("Amendment
Agreement") with DNB Bank ASA in relation to a NOK
250m standby credit facility ("Standby Credit
Facility" or "Facility") dated 1 June 2011. The
Amendment Agreement extends the termination date of
the Standby Credit Facility from 1 June 2013 to 18
The Standby Liquidity Facility is intended to cover
liquidity shortfalls. As of today, no drawdowns have
been made under the Facility.
The Amendment Agreement will become effective upon
fulfillment of certain documentation related
conditions precedent which is expected to be
completed within a few weeks.
Dated: 18 December 2012
Njord Gas Infrastructure AS
The information in this announcement is subject to
the disclosure requirements of the Norwegian
Securities Trading Act section 5-12 and/or the Oslo
Børs - Continuing Obligations.
Njord Gas Infrastructure AS is headquartered in
Stavanger, Norway. It invests in Norwegian gas
infrastructure and currently holds an 8.036%
participating interest in Gassled. For more
information, please refer to http://njordgasinfra.no/.
For information, please contact:
Birte Norheim, Finance Director
+47 51911064 office
+47 95293321 mobile