We were very pleased to be nominated for the 2019 bank-debt-deal of the year award, and even more pleased to be the actual winner.
The Solvang group had a major reorganization completed at the end of 2018, going from a complicated structure with multiple partnership companies, to a corporate structure with most vessels owned directly under Solvang ASA. As part of the corporate reorganization, a large refinancing took place involving many of our existing banks, as well as some new. To have our combined efforts recognized with an award like this is great both for Solvang and all our key relationship banks.
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