Fjord1 AS announced that it has reached an agreement with investors for the refinancing of the group's loan facilities with expected completion in April 2022 or early May 2022. The Company announced that the Refinancing has been completed. In line with the announcement 31 March 2022, the company has funded a defeasance account with sufficient funds to pay all outstanding interest and principal until and including 22 November 2022 being the maturity date of the company's outstanding bond loan with ticker FJORD01 and ISIN NO0010810302.

The company expects to launch a buyback offer to the existing bondholders following the completion of the Refinancing. However, no assurances can be given that any such buyback offer will be launched.