Hafslund has today signed an agreement with the Nordic Investment Bank on a long-term loan of NOK 435 million as part of refinancing of the Groups loan portfolio. The loan has a bullet structure and matures in November 2013. Hafslund has achieved favourable terms and conditions and there are no financial covenants in the loan agreement. The loan will also contribute to a longer average term of Hafslund's loan portfolio.

 

 

Hafslund ASA

Oslo, 26 May 2005