Investors

Debt Financing

Pandion Energy has established long-term interest-bearing debt financing consisting of the following bank and bond loans:

Reserve based lending (“RBL”) facility

The RBL facility was established in 2018 as a USD 150 million senior secured seven-year facility. In 2019, the maturity was extended by one year, until 1 July 2026. In 2022, the RBL facility was amended and extended to a new USD 200 million seven-year facility with an additional uncommitted accordion option of USD 200 million.  The interest rate is from 1-3 months SOFR plus margin of 3.5%.

Senior Unsecured Bond

The USD 75 million senior unsecured bond was issued in 2022 and runs from June 2022 to June 2026. The bond carries a fixed interest rate of 9.75%.

The Company intends to list the senior unsecured bond at the Nordic Alternative Bond Market, Nordic ABM, a list of registered bonds for which Oslo Børs (i.e. Oslo Stock Exchange) determines the rules in consultation with market participants.

Financial Statements

Interim financial statements are made available for download below.

For further information, please contact:

Hege Peters, VP Finance & Business Support
hege.peters@pandionenergy.no
+ 47 996 18 485

2022 Quarterly Interim Financial Statements

2021 Quarterly Interim Financial Statements

2020 Quarterly Interim Financial Statements

15 FEB 2021
Q4 2020
13 NOV 2020
Q3 2020
14 AUG 2020
Q2 2020
15 MAY 2020
Q1 2020

2019 Quarterly Interim Financial Statements

14 FEB 2020
Q4 2019
14 NOV 2019
Q3 2019
14 AUG 2019
Q2 2019
15 MAY 2019
Q1 2019

2018 Quarterly Interim Financial Statements

15 FEB 2019
Q4 2018
14 NOV 2018
Q3 2018