Reference is made to the Njord Gas Infrastructure AS (‘NGI’) stock exchange notice of 16 June 2016 related to the re-profiling of the NGI outstanding bonds.
Following this announcement S&P Global (S&P) has issued a research update, placing the NGI bonds on positive credit watch for a potential upgrade of up to two notches from the current BB- rating.
The indicative rating is expected to be converted into a final rating upon execution of final documentation and approval of the bond amendments by the bondholders.
Dated: 17 June 2016
Njord Gas Infrastructure AS
The information in this announcement is subject to the disclosure requirements of the Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs – Continuing Obligations.
Njord Gas Infrastructure AS is headquartered in Stavanger, Norway. It invests in Norwegian gas infrastructure and currently holds an 8.036% participating interest in Gassled. For more information, please refer to http://njordgasinfra.no/.
For information, please contact:
Birte Norheim, CEO
+47 9529 3321