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Andfjord Salmon Plans Bond Issue for Kvalnes Site Expansion

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Andfjord Salmon Plans Bond Issue for Kvalnes Site Expansion

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An announcement from Andfjord Salmon AS ( (DE:50R) ) is now available.

Andfjord Salmon Group AS has engaged Arctic Securities and other financial institutions to arrange investor meetings for a potential NOK-denominated bond issue. The proceeds from this bond will support the expansion of their Kvalnes site, indicating a strategic growth initiative aimed at enhancing their operational capacity and market presence.

More about Andfjord Salmon AS

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world’s most sustainable and fish-friendly aquaculture facility. The company combines ocean and land-based salmon farming through a proprietary flow-through system, achieving industry-leading metrics in survival rate, feed conversion, and energy efficiency.

Average Trading Volume: 355,216

Current Market Cap: NOK3.1B

For detailed information about 50R stock, go to TipRanks’ Stock Analysis page.

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