Arctic acted as Joint Bookrunner in relation to the Private Placement in Aker BioMarine AS, raising gross proceeds of NOK 2,147 million / USD 225 million. The net proceeds from the Private Placement will be used to strengthen the balance sheet, including the repayment of a shareholder loan to Aker ASA of approximately USD 90 million plus accrued interests, increase flexibility for growth investments and general corporate purposes.
The Private Placement received strong interest from high quality institutional investors in the Nordics and internationally. The shares are expected to be listed on Merkur Market from on or around 6 July 2020.
We are grateful for the vote of confidence and congratulate on the successful transaction.