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Cermaq ASA: Cermaq refinances long term credit facilities



          Cermaq ASA: Cermaq refinances long term credit facilities

Cermaq ASA has signed a term sheet with Danske Bank, DNB and Handelsbanken to
refinance the syndicated credit facilities, thereby securing committed funding
equivalent to NOK 3.000m.

Maturity of the credit facilities has been extended to 2018, and the main
terms and conditions reflect Cermaq's good credit standing and strong
commitment from the Syndicated banks

The final loan agreement is expected to be in place by the end of 2013, and
the funds will be used for general corporate purposes, to support Cermaq's
operational strategy.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

 

For further information please contact:
CEO Jon Hindar          ph. +47 23 68 50 10  mobile: +47 977 48 829
CFO Tore Valderhaug  ph. +47 23 68 50 38  mobile: +47 995 60 925 
 

About Cermaq - Cermaq is one of the world's leading companies in farming of
salmon and trout, with operations in Norway, Chile and Canada. In 2012 the
farming business had sales of around NOK 3.3 billion, and a total harvested
volume of 120,000 tonnes. Cermaq's feed business unit EWOS was sold in 2013.
Cermaq is listed on the Oslo stock exchange with ticker code CEQ.
www.cermaq.com

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Cermaq ASA via Thomson Reuters ONE
HUG#1741747
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