Aker BioMarine to Fully Redeem NOK 2 Billion Senior Secured Bond Issue

Aker BioMarine ASA ( (DE:1PG) ) has shared an update.

Aker BioMarine ASA has confirmed that it will redeem in full its outstanding senior secured bond issue “FRN Senior Secured NOK 2,000,000,000 Bonds 2024/2027” after satisfying the conditions for a new credit facility large enough to cover the repayment. The entire bond issue will be repaid at 102.125% of nominal value plus accrued interest, with a record date of 26 March 2026 and a call option repayment date of 30 March 2026, marking a refinancing step that may improve the company’s capital structure and financial flexibility.

The redemption of these bonds underscores Aker BioMarine’s active balance sheet management and could lower its financing risk profile, which is relevant for bondholders and equity investors alike. By securing a new credit facility to redeem the bonds ahead of maturity, the company is potentially locking in more favorable financing terms and signaling confidence in its cash flow generation and long-term growth in the health and nutrition sector.

More about Aker BioMarine ASA

Aker BioMarine ASA is a human health and nutrition company specializing in krill-derived products sourced from Antarctic waters. Its ingredient portfolio includes Superba Krill Oil, Lysoveta, Revervia, and PL+, alongside the consumer brand Kori Krill, and it also operates spin-offs AION, focused on plastic waste reduction and recycling, and Understory, a protein brand.

Average Trading Volume: 32,636

Current Market Cap: NOK8.97B

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