Vår Energi announces successful refinancing
Sandnes, Norway, 20 September 2023: Vår Energi ASA (OSE: VAR) today announced the successful refinancing of the senior unsecured working capital facility of USD 1.5 billion with a new and extended USD 1.5 billion working capital facility maturing 1 November 2026. The new facility has similar terms as the previous facility and is provided in equal proportions by 14 international banks. The facility will be used for general corporate purposes and working capital as well as providing a liquidity reserve. The refinancing is a testament to Vår Energi’s access to attractive bank financing and