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Endúr ASA Secures NOK 600 Million Refinancing Deal
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Endúr ASA Secures NOK 600 Million Refinancing Deal

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Invest with Confidence:

The latest update is out from Endur ASA ( (DE:4ZT0) ).

Endúr ASA has secured a refinancing agreement with Sparebank 1, allowing it to restructure existing loans with a NOK 600 million term loan, reduce quarterly installments by 50%, and increase its overdraft capacity to NOK 250 million. This refinancing supports Endúr’s growth, enabling dividend payments and future acquisitions, and reflects its sustained profitable growth and solid partnership with Sparebank 1.

More about Endur ASA

Endúr ASA is a leading supplier in the marine infrastructure industry, providing construction and maintenance services for facilities such as land-based aquaculture, quays, harbors, dams, bridges, and other specialized concrete and steel projects. The company offers a range of specialized project and marine services and is headquartered in Lysaker, Bærum, Norway.

YTD Price Performance: -0.51%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €221.4M

For a thorough assessment of 4ZT0 stock, go to TipRanks’ Stock Analysis page.

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