Norwegian Farmers Secure Finances for Growth Amid Weak Salmon Markets
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Soft salmon market prompts land-based producer to restructure debt and raise credit
Salmon Evolution secures $25 million facility to weather weak market conditions. Leading land-based salmon producer, Salmon Evolution, has secured a new credit facility of up to NOK 250 million ($24.75 million/€21.75 million) from DNB Bank and Nordea Bank, as it looks to strengthen financial flexibility amid sustained weakness in salmon prices. Land-based salmon producers typically [...]
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