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Det Norske Oljeselskap ASA to Establish New Facility with of up to USD 1,000 Million


Monday, 17 Jun 2013 08:54am EDT 

Det Norske Oljeselskap ASA announced that the Company intends to replace its existing USD 500 million Revolving Credit Facility with maturity at the end of 2015. A process is underway with a selected group of banks to establish a new facility with an amount of up to USD 1,000 million and with a five year maturity from the signing date. The Company expects that this process will be completed in the third quarter 2013. 

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