Intership refinances and paves for further growth

Intership has entered into a NOK 1.4bn term loan facility agreement with DnB (lead), Nordea, Sparebanken Vest and Sparebank 1 SMN for its nine vessels of which two are under construction.

The agreement includes a substantial accordion facility for future growth.

Intership CEO Ole Peter Brandal comments; “Intership has throughout the refinancing process experienced strong lender interest for Intership, and we are extremely satisfied to enter into a long term bank financing with four of the strongest names in the seafood and well boat industry.” Individually each of the banks have substantially capacity and together they provide sufficient comfort to Intership being able to grow significantly from its current diversified base of nine vessels in six markets.