Analyst Research

Report Title Price
Provider: Wright Reports
$75.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: GlobalData
$125.00
Provider: Directors Deals Ltd.
$12.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Opera Software ASA Secures USD 100 Million Revolving Credit Facility


Friday, 15 Feb 2013 12:11am EST 

Opera Software ASA announced that it has signed a USD 100 million secured revolving credit facility with DNB Bank ASA. The facility will primarily be secured through a share pledge in Opera Software International AS and floating charges over accounts receivable in the Company and certain of its United Kingdom and United States subsidiaries. The facility has a term of three years and bears an interest rate of LIBOR + 1.75% per year (plus a utilization fee varying with the amount drawn). On the undrawn portion of the facility, a commitment fee of 0.61% per year will be paid. The Company intends to use the financing for general corporate purposes and potential acquisitions. 

Company Quote

90.95
0.5 +0.55%
5:57am EDT