Andfjord Salmon - NOK 400 million sale-leaseback of harbour area completed

Norway, June 19 -- Andfjord Salmon Group AS (Andfjord Salmon) is pleased to announce the completion of the sale of the harbour area at the company's Kvalnes site at Andoya, Norway.The harbour property has now been successfully de-merged from Andfjord Salmon, and all relevant agreements related to the sale- and leaseback have been executed. Andfjord Salmon further confirms the receipt of NOK 400 million in gross transaction proceeds. With this, Asset Buyout Partners AS ("ABP") has taken ownership of the harbour property which will be leased back to Andfjord Salmon on an 80-year contract at 7.5 % yield, adjusted for CPI. Arctic Securities AS acted as financial advisor and Advokatfirmaet Schjodt AS acted as legal advisor to Andfjord Salmon.

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