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BRIEF-Kongsberg Gruppen signs NOK 2.30 billion revolving credit facility
March 15, 2017 / 3:55 PM / 7 months ago

BRIEF-Kongsberg Gruppen signs NOK 2.30 billion revolving credit facility

March 15 (Reuters) - Kongsberg Gruppen ASA:

* Signs new revolving credit facility

* Has signed 2.30 billion Norwegian crown ($267.3 million) revolving credit facility with a syndicate of five banks

* New facility has a tenor of five years with two one-year extension options

* New facility, which is for general corporate purposes, replaces existing revolving credit facility of 1.50 billion crowns Kongsberg has had since 2014

Source text for Eikon:

Further company coverage: ($1 = 8.6038 Norwegian crowns) (Gdynia Newsroom)

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