Integrated Wind Solutions strengthens finances, announces shareholder payouts
Integrated Wind Solutions ASA (IWS) has strengthened its financial position by upsizing its Green Senior Secured Loan facility for its subsidiary, IWS Fleet. The facility increased from approximately €166.3 million to €208.5 million, now including a €20 million revolving credit facility. The new agreement extends the commercial tranche to December 2030 and includes a two-year amortization holiday. Lenders include Export Finance Norway, Nordic Investment Bank, Skandinaviska Enskilda Banken AB, and SpareBank 1 Sør-Norge ASA.
IWS's board has also decided to initiate quarterly distributions to shareholders, with the first anticipated in Q1 2026. The specific amount and policy will be announced no later than with the Q4 2025 report on February 24, 2026. This follows strong cash generation expected from IWS Fleet's six vessels.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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