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Akastor ASA: Receipt of USD 57.4 million cash distribution from NES Fircroft
MFN by Modular Finance ·
MFN by Modular Finance reports: Akastor ASA’s (OSE: AKAST) wholly owned subsidiary Akastor AS (“Akastor”) has today received a cash distribution of approximately USD 57.4 million from NES Fircroft. The cash distribution derives from NES Fircroft’s successful USD 650 million senior secured bond issue on 16 July 2026, which funded a USD 350 million dividend recapitalization. Reference is made to announcement from NES Fircroft Bondco AS 16 July 2026 available on NewsWeb:…