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Article: Norwegian Aker BioMarine to get up to NOK90m loan.
- Article from:
- Nordic Business Report
- Article date:
- September 17, 2009
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NORDIC BUSINESS REPORT-17 September 2009-Norwegian Aker BioMarine to get up to NOK90m loan(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
17 September 2009 - Norwegian biotechnology company Aker BioMarine ASA (OSL: AKBM) said today it will borrow up to NOK90m from its main owner, industrial holding Aker ASA (OSL: AKER).
Initially, a loan of up to NOK50m will be drawn. The additional sum will be made available when Aker BioMarine has presented and received Aker's approval of a refinancing plan.
The collateral will be major company assets.
According to CEO Hallvard Muri, ...