RBL redetermination update

This article originates from the news archive of Det norske.

23. December 2015

Det norske oljeselskap ASA (“DETNOR”) has completed a semi-annual redetermination process with its bank consortium under the company’s USD 3.0 billion reserve-based lending («RBL») facility. The new borrowing base availability under the facility has been set at USD 2.9 billion, unchanged from the June 2015 redetermination.

Find more information on Det norskes debt and bonds here.