ANDFJORD SALMON AS – CONTEMPLATED BOND ISSUE
Andfjord Salmon Group AS ("Andfjord Salmon" or the "Company") has mandated Arctic Securities as Sole Global Coordinator and Joint Bookrunner and Nordea and SpareBank 1 Markets as Joint Bookrunners, to arrange fixed income investor meetings starting 30 May 2025.
Subject to market conditions, a NOK-denominated senior secured floating rate bond with a three-year maturity may follow.
The net proceeds from the bond issue will be applied towards investments and associated working capital related to the Company’s expansion of the Kvalnes site.
A credit investor presentation has been made available at the Company’s web page: www.andfjordsalmon.com.
Contacts
Investors: Bjarne Martinsen, CFO
Andfjord Salmon Group AS
Tel:
About Andfjord Salmon
Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world's most sustainable and fish-friendly aquaculture facility of its kind. Through a proprietary flow-through system, Andfjord Salmon combines the best from ocean and land-based salmon farming. In its first production cycle, the company achieved an industry-leading survival rate of 97.5 percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and required 1 kWh to produce one kilo of salmon.
For more information, see www.andfjordsalmon.com.
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