Nordic Halibut AS (NOHAL) announced that it has signed a NOK 100 million overdraft facility agreement with Sparebank 1 SR-Bank at attractive terms. As a consequence, the previous long term debt facility and overdraft facility will be repaid in full. The new overdraft facility will strengthen NOHAL`s free liquidity and will be used to finance the planned growth in biomass. The facility also includes uncommitted options that will be released in tranches aligned with the planned growth in biomass. The new debt instrument will significantly ease the equity share of the working capital requirement towards 4.500 tonnes HOG in 2026. The principal financial covenant of the facility is a minimum equity ratio of 30%.