Lyse secures NOK 3 bn revolving credit facility

Lyse AS has signed a NOK 3,000 million Revolving Credit Facility to refinance an existing NOK 3,000 million facility from May 2022. It will be used for general corporate purposes.

The new credit facility has a tenor of five years, with two one-year extension options, providing long-term financial stability. Skandinaviska Enskilda Banken acted as both the coordinator and facility agent.

A consortium of financial institutions served as bookrunners and mandated lead arrangers. These include Danske Bank, DNB Bank ASA, Nordea Bank, Skandinaviska Enskilda Bank, and Svenska Handelsbanken. Christian Balchen, head of treasury at Lyse AS, is available for further inquiries.