Abyss AS and Arcus Infrastructure Partners complete NOK 2.3bn refinancing

Type: Financing · Technology: Transport · Country: Norway · Value: $250M · Announced: 2026-06-02

Abyss AS and Arcus Infrastructure Partners completed a NOK 2.3 billion ($250 million) refinancing on 2 June 2026, securing a senior debt package from a consortium of Norwegian banks. The financing replaces previous vessel loans and leases with a mix of corporate debt and capex facilities, providing a multi‑year amortisation holiday and margins aligned with leading well‑boat operators. The loan facilities were provided by Nordea, Sparebank SMN, Sparebank Møre and Sparebank Nordmøre, giving Abyss greater financial flexibility to fund its fleet of over 60 specialised service vessels operating from eight bases in Norway and Iceland. The transaction aligns Abyss with infrastructure‑style financing, supporting its multi‑year investment programme for next‑generation service vessels. Arcus and Abyss were advised by SEB and Wiersholm, while Thommessen acted as legal counsel to the lenders.

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