Reference is made to Njord Gas Infrastructure AS’ (“Njord”) stock exchange notice dated 17 June 2016 regarding Standard & Poor announcing an improved ratings outlook for the bonds issued by Njord.
Standard & Poor has today issued a research update where Njord’s bond ratings are increased by two notches from BB- to BB+. The BB+ rating carries a Stable Outlook and a recovery rating of ‘1’.
The improved rating is a result of the execution of the amendments to the bonds as resolved in bondholders’ meetings on 1 July 2016.
Dated: 12 July 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