BlueNord: Successful Increase of RBL Facility to USD 1.4 billion
Oslo, 31 May 2024: BlueNord ASA (“BlueNord” or the “Company”) is pleased to announce the successful signing of a new USD 1.4 billion Reserve Based Lending Facility (“RBL” or “Facility”) with a maturity in December 2029. This will refinance BlueNord’s existing USD 1.1 billion Facility. The new Facility becoming effective is subject to customary conditions and is expected to close in early June 2024. The new RBL will start amortising from H1 2027 with a margin payable of SOFR plus 400bps and also includes an Accordion option of up to USD 400 million that may be used to support potential