Endúr ASA (the “Company”) has mandated Arctic Securities AS and SpareBank 1 Markets AS to arrange a series of fixed income investor calls commencing 10 February 2021. A NOK-denominated senior secured floating rate bond issue may follow, subject to inter alia market conditions. The net proceeds from the potential bond issue will be employed to part-finance the acquisition of Artec Aqua AS and Marcon-Gruppen i Sverige AB, refinance existing debt and fund general corporate purposes.
In connection with the upcoming fixed income investor calls and the potential bond issue, the Company is releasing estimated unaudited pro forma key figures for 2020, including revenue of NOK 1,816 million and adjusted EBITDA of NOK 230 million. Please see the company presentation for further details.
To see the presentation, please click here:
Endúr – Company presentation – 9 February 2021
The full Q4 report will be released 26 February 2021.
For further information, please contact:
Media Hans Olav Storkås, CEO of Endúr, tel: +47 901 22 744
Investors Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772
About Endúr ASA Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land- based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway.