Brief: Gigante Salmon Secures Long-Term Leasing Arrangement For Rødøy

Gigante Salmon AS

04/10/2023 14:41

Oct 4 (Reuters) - Gigante Salmon AS  GIGA.OL :
    * UPDATE ON THE FINANCING OF THE PRODUCTION FACILITY ON
RØDØY
    * SECURED A LONG-TERM LEASING ARRANGEMENT WITH SPAREBANK 1
FINANS
NORD-NORGE AS FOR FINANCING UP TO APPROX. NOK 100 MILLION OF
INCREASE IN CAPEX AT RØDØY FACILITY
    * REMAINING AMOUNT OF INCREASE IN CAPEX AT RØDØY FACILITY IS
CONTEMPLATED FINANCED THROUGH A PRIVATE PLACEMENT OF NEW SHARES
    * COMPANY'S MAIN SHAREHOLDER, GIGANTE HAVBRUK AS, INTENDS TO
SUBSCRIBE FOR UP TO NOK 100 MILLION IN PRIVATE PLACEMENT

Source text for Eikon:  ID:nObiSjD6Pa 
Further company coverage:  GIGA.OL 

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