Marine Harvest ASA (OSE:MHG): Enter into Term Sheet to refinancing existing bank facility

On 10 May 2017, Marine Harvest ASA has entered into a Term Sheet to refinance its existing bank facility with a senior secured five year EUR 1,206 million multicurrency revolving credit facility with DNB, Nordea, ABN Amro, Rabobank, Danske Bank and SEB. The Facility includes an accordion increase option, which provides flexibility for the parties to agree an increased size of the facility by an additional EUR 200 million during the term of the Facility. The principal financial covenant of the Facility is an equity ratio of minimum 35%. The refinancing is subject to final documentation.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.