Lime Petroleum Holding Raises NOK 450 Million Through The Tap Mechanism In Its Existing Senior Secured Bond

Lime Petroleum Holding AS has successfully raised NOK 450 million (approximately US$ 41.39 million) through the tap mechanism in its existing Senior Secured Bond with ISIN NO0013276410. After the tap issue is carried out, the total outstanding amount is NOK 1,650 million (approximately US$151.77 million). The settlement will take place on 29 October 2024.  

Proceeds from the tap issue will be used for general corporate purposes, including development capex in the Norwegian Continental Shelf and working capital.

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