Oslo-listed land-based salmon farmer Atlantic Sapphire is in "advanced discussions" for $210 million (€188 million) in financing with "a leading financial institution," the company said Monday
The money will be used to refinance the company's existing debt and future expansion of its Miami facility, where it hopes to eventually raise more 220,000 metric tons of salmon.
As part of the financing agreement, Atlantic Sapphire will be moving the company from the Merkur Market Exchange to the Oslo Stock Exchange's main list by the end of 2020.
