John Fredriksen-controlled company Sterna Finance opens its wallet and enters Norwegian in connection with the new billion-kroner issue.
”The Fredriksen network is fantastic to have as a guarantor,” says Bjørn Kjos, who is opening up a joint venture.
Press information sent out on Tuesday morning shows that CEO Bjørn Kjos and Chairman of the Board Bjørn Kise are guaranteeing up to 343 million Norwegian kroner through the companies HBK Holding and Sneisungen in the issue, which includes 3 billion Norwegian kroner.
The rest is guaranteed by a consortium consisting of DNB Markets, Danske Bank and Fredriksen's company Sterna Finance.
”"The Fredriksen network is very strong. I have known John Fredriksen for a long time. We even have a CFO (Geir Karlsen) who has worked for Fredriksen," Bjørn Kjos tells the press, reports E24.
Kjos further said at a press conference that the conditions for a "joint venture", that is, a new company with another player, "are absolutely on the table".
According to the CEO, Norwegian is not violating the company's loan terms
”We have never been in violation of them and never will be,” says Bjørn Kjos.
Source: di.se
