B2Holding ASA has closed the non-recourse senior financing with PIMCO

As previously announced on 10 February 2022, B2Holding ASA signed a non-recourse senior financing agreement with a company managed and advised by Pacific Investment Management Company LLC (“PIMCO”). The transaction was subject to the fulfilment of certain conditions precedent. B2Holding is pleased to announce that the transaction is now closed, and funding is released. The senior financing will have a floating interest rate of 4.55% over 3m Euribor. B2Holding, through its fully owned subsidiary, Veraltis Asset Management, will be the master and special servicer of the portfolios included in the structure. 

“We are very pleased to announce the closing of this transaction. In parallel, we have carried out a complex restructuring in all the countries included in the structure of the senior financing. I would like to express a special thank you to all my colleagues who have been involved in both the transaction and the restructuring. It has required a lot of work. I would also like to thank PIMCO for their continued trust in B2Holding which now has reached an important milestone with the closing of the senior financing,” said Erik Just Johnsen, CEO B2Holding ASA 


This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 


For further information, please contact:
Rasmus Hansson  
Head of Commercial Strategy and Investor Relations, B2Holding ASA 
Mobile: +47 952 55 842 
E-mail: rh@b2holding.no  


About B2Holding Group:
B2Holding ASA is a Nordic based debt solutions provider with platforms in over 20 European countries. B2Holding has experienced significant growth since its inception in 2011 and has established itself as one of the leading European debt purchasers and a solution-oriented partner within the debt servicing industry. B2Holding ASA is headquartered in Oslo, Norway, and the B2Holding share is listed on the Oslo Stock Exchange under the ticker “B2H”. For further information, visit www.b2holding.no