Kaldvik AS: Approval of loan covenant waiver
The lenders have granted a waiver of the following covenants for Q4 2024: The interest cover shall at all times be equal to or more than 3.0x;Leverage shall not exceed 5.0x in Q4 2024; andThe liquidity is maintained at minimum EUR 10,000,000. For further information, please contact: Contacts: Róbert Róbertsson, CFO of Kaldvik AS: +354 843 0086 (mobile)About Kaldvik AS Kaldvik AS is one of the leading salmon farmers in Iceland. Kaldvik AS has a well-developed and fully integrated...
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Reykjavik,
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The lenders have granted a waiver of the following covenants for Q4 2024:
- The interest cover shall at all times be equal to or more than 3.0x;
- Leverage shall not exceed 5.0x in Q4 2024; and
- The liquidity is maintained at minimum EUR 10,000,000.
For further information, please contact:
Contacts: Róbert Róbertsson, CFO of Kaldvik AS: +354 843 0086 (mobile)
About Kaldvik AS
Kaldvik AS is one of the leading salmon farmers in Iceland. Kaldvik AS has a well-developed and fully integrated value-chain controlling all steps from hatchery to sales, enabling the group to provide its customer with a sustainable premium product. Kaldvik AS is headquartered in Iceland.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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https://www.icefishfarm.is/
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