Scana ASA has secured new financing for the company

Scana has entered into an agreement for new financing with DNB in Bergen to implement its new strategy and support growth. The new financing consists of a revolving credit facility of NOK 53,000,000 and a guarantee framework of NOK 45,000,000.

The syndicated loan, which amounted to approximately NOK 500 million back in 2013, will now be repaid. In connection with the refinancing, a new agreement has also been made regarding the shareholder loan, with the main change being the maturity date, which is now set to October 10, 2021.

The foundation is now in place to deliver on our maritime strategy, with a head office in Bergen and a banking partner that has a strong understanding of the maritime industries.