Information on the company’s debt financing

Information on the company’s debt financing

The Q-Free Group has at the end of the first quarter of 2017 a secured mortgage bank loan from Danske Bank of NOK 150 million. The term of the loan is three years from the second quarter of 2015 and the interest is 3 month NIBOR plus 160 bp. The loan is secured by assets in the Q-Free Group, for more details reference is made to the notes in the annual report note 22.

In addition to this loan, Q-Free has an overdraft facility of NOK 100 million.