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Pandion Energy AS completes debt financing

The new kid on the block, Pandion Energy AS, has recently completed the issue of a NOK 400 million unsecured bond and a USD 150 million reserve based lending facility, financing its acquisition of interests in Hod and Valhall, but also enabling the company to make further growth.

We are grateful for having had the opportunity to assist this exciting and forward looking company in this process. 

The team from Arntzen de Besche have consisted of among others Per A. Dagslet, Marianne Sahl Sveen, Henrik Braavold Johansen and Atle Stensrud. 

Press release from Pandion Energy is available here.