Ferde is pleased to announce new funding towards several of our projects.
The funding has been secured over the last couple of days through both the bond market and through long term margin renewal on an existing bank facility. Terms are regarded as attractive in today’s market.
Bond issue, 8Y, MNOK 700, 3M Nibor + 0.715%, financing towards the Rogfast project, secured by guarantee from the county of Rogaland
Bond issue, 3Y, MNOK 350, 3M Nibor + 0.528%, financing and refinancing towards the Nordhordlandspakken project, secured by guarantee from the county of Vestland
Margin renewal, 7Y, MNOK 906, Nordic Investment Bank, towards the E39 Svegatjørn – Rådal project, secured by guarantee from the county of Vestland
Year to date Ferde has secured financing, refinancing and margin renewals for the toll projects in the southwest region of Norway, totaling NOK 3.6 billion.
Attractive and predictable financing terms contribute to a strong financial position for the projects. The latest transactions support Ferde’s vision of efficient financing of tomorrow’s infrastructure.