M&G provides EUR 100m financing to Norwegian ferry line
The international asset manager has entered into a senior secured loan with the Fjord1 ferry line, which is in the midst of a green transition.
International asset manager M&G, which describes itself as a ”conviction-led” investor on its website, has refinanced a NOK 1bn (EUR 100m) loan to Fjord1, a company which sits on 45 percent of the market share of Norwegian ferry services, transporting 16 million passengers a year.
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