Hafslund has signed an agreement to extend the maturity of the Group's syndicated credit facility of EUR 500 million with two years from 31 May 2010 to 31 May 2012. The Bank syndicate consists of nine Norwegian and international banks. The credit facility is used as back stop for commercial paper borrowing and as a reserve for general working capital purposes.

 

Hafslund ASA

 

Oslo, 25 September 2006