Mowi ASA (OSE:MOWI): Signed EUR 2,600 million sustainability-linked credit facility agreement

Core Viewpoint - Mowi has secured a EUR 2,600 million sustainability-linked revolving credit facility to refinance existing debt and support corporate purposes [1][2]. Group 1: Financial Details - The facility has a principal financial covenant requiring a minimum equity ratio of 35% [2]. - An accordion increase option allows for an additional EUR 400 million to be added to the facility during its term [2]. - The refinancing is subject to customary closing conditions [3]. Group 2: Sustainability and ESG Strategy - The facility aligns with Mowi's goal of achieving 100% green or sustainable financing [2]. - Interest rates on the facility are tied to Mowi's performance against sustainability KPIs, reflecting the company's overall ESG strategy [2].