Havila Kystruten AS: Completion of Comprehensive Debt Refinancing
Globenewswire·2025-11-24 13:38

Core Viewpoint - Havila Kystruten AS has successfully completed a EUR 456 million refinancing, enhancing its financial stability and structure [1][3] Financing Details - The refinancing was executed through a 15-year financial lease facility from a subsidiary of Havila Holding AS, with all outstanding bond debt and shareholder loans fully repaid at closing [1] - The total hire under the facility is EUR 150,000 per day, with a fixed hire structure increasing from EUR 93,000 in year 1 to EUR 125,000 in year 4, and then EUR 123,500 from year 6 onwards [2] Future Outlook - The completion of the refinancing provides the company with a stable and predictable financing structure, which may be optimized or refinanced in the future [3]