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Stock impact report

Odfjell completes acquisition of Deepsea Bollsta and secures refinancing [Yahoo! Finance]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Norwegian oil and gas company Equinor for a firm period until early 2028, with options for five one-year extensions. Following the acquisition, the rig will be renamed Deepsea Bergen, with the formal name change set for 2026. In addition to the rig acquisition, the company has completed a refinancing process, securing long-term funding under revised conditions, further bolstering its capital structure. The refinancing featured $550m (£411m) in term loans and revolving credit facilities with its core banking partners, and the issuance of a new $650m, 5.25-year rated bond with issue date of 8 December 2025. Odfjell Drilling announced that its amortisation schedule remains largely consistent, with an average annual amortisation of around $94m projected over the next five years. The company also stated that it has no significant debt maturities until 2031, ensuring long-term financial stability and flexibility. The acquisition was entirely financed through debt and will have a Show less Read more
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