Color Group Nabs USD 141 Mn for M/S Color Magic

Description

Oslo-listed Color Group AS concluded a USD 141 million 5-year financing agreement for its cruise ferry M/S Color Magic.

The new revolving credit facility has been secured with a syndicate of banks including Nordea, Danske Bank, ABN Amro, SEB, Sparebanken Møre, and DnB. The re-payment profile is 10 years.

Color Group said that the first drawn tranche which re-finances the existing loan facility due in September 2019 will be approx. NOK 500 mill (USD 58 million).

Posted
Dec 11, 2018
  • Save as PDF Save as PDF
  • View QR Code View QR Code
    • Current rating: 5
    • Total votes: 1
  • Report broken listing
  • 483 Views
Enter your report
Message *
Sign in
Username
Password
Forgot your password? Remind