Dome Energy AB (herein after “Dome AB” and/or “the Company”) announces that Mutual of Omaha Bank (“MOB”) has accepted all terms for the previously communicated refinancing, but has not been able to execute the final documentation according to the previously communicated time plan, implying effective date to be on 15 December 2016. New target date is not later than Tuesday, December 20, 2016. The delay does not affect the refinancing terms in any way. The refinancing transaction has several different parties involved in different jurisdictions and time zones, and the necessary documentation and contracts from the Company’s bank has been delayed. The parties are in mutual agreement to extend the signing date for the final agreements and expect the documentation issues to be solved shortly, enabling the Company to give full information on the closing of Dome’s refinancing.
MOB has approved the terms for an Amended and Restated Credit Agreement for Dome Energy Inc’s (“Dome Inc”) facility with the bank. MOB has reviewed the final drafts of the credit documents needed for these transactions, and execution of those are currently being finalized with the legal firm representing MOB. In addition, the legal firm is finalizing a draft of the accompanying documents relating to the interaction of secured parties relating to the Bridge Financing currently being arranged by Dome AB.
For further information, please contact:
Paul Morch, CEO
Tel: +1 713 385 4104
E-mail: [email protected]
This information is the kind of information that Dome Energy AB (publ) is obliged to publicize according to EU Market Abuse Regulations (MAR). The information was publicized, by the above contact person on December 15, 2016, 23:30 CET.