Kjell Inge Rokke’s Aker has signed up for shares and a convertible loan that will inject a combined NOK 500m ($60m) into Solstad Offshore.
The Oslo-listed holding company’s Aker Capital is paying NOK 12.50 per share for 20 million new shares in Solstad, which pumps NOK 250m into the offshore vessel owner.
Aker also signed up for an NOK 250m loan that can be converted into Solstad’s Oslo-listed shares at the same price.
Financing
