Salmon

Salmar may need to raise up to $800 million after NTS deal

Salmar may have to sell shares or raise equity to lower its debt level following the NTS acquisition, according to an analyst.

Following the deal, SalMar may now have to raise new equity or sell shares to the tune of NOK 5 billion-NOK 8 billion (€500 million-€800 million/$500 million-$800 million) to reduce its debt, Sparebank 1 Markets analyst Knut-Ivar Bakken told IntraFish.
Following the deal, SalMar may now have to raise new equity or sell shares to the tune of NOK 5 billion-NOK 8 billion (€500 million-€800 million/$500 million-$800 million) to reduce its debt, Sparebank 1 Markets analyst Knut-Ivar Bakken told IntraFish.Photo: Skjermdump
Published 1 November 2022, 11:31Updated 1 November 2022, 12:35
SalMarEuropean CommissionNTSSparebank 1Knut-Ivar Bakken