HNA/HNB - NOK 2.3 billion credit facility agreement

 

Hafslund has today closed a credit facility agreement of NOK 2.3 billion with a tenor of 9 months. The agreement is made with a syndicate consisting of five domestic and international banks. The facility will serve as an additional liquidity reserve for the Group as a consequence of increased liquidity needs caused by high electricity prices.

 

Oslo, 15 January 2003

 

 

For further information please contact:

 

CFO Christian Berg + 47 22 43 57 01/ + 47 917 46 910

 

Senior VP Corporate Communications Frode Geitvik  + 47 22 43 53 86 / + 47 958 43 933