Norsk Hydro

Norsk Hydro Enters Into US$1.6 Billion Sustainability-Linked Revolving Credit Facility

Norsk Hydro Enters Into US$1.6 Billion Sustainability-Linked Revolving Credit Facility

Norwegian aluminium giant Norsk Hydro ASA announced yesterday the signing of a new, US$1.6 billion revolving multi-currency credit facility with margins linked to the firm’s greenhouse gas emissions target. Per the firm, the new credit facility will be used for general corporate...

Events

Norsk Hydro Agrees To Sell Romanian Extrusion Plant To Austrian Firm For Undisclosed Sum

Norwegian aluminium producer Norsk Hydro ASA yesterday announced the signing of an agreement with Austrian firm Hammerer Aluminium Industries (HAI) to sell Romanian extrusion plant Hydro Extrusion SRL. Terms of the transaction were not released, but Hydro indicated that the sale would likely be complete by year’s end. Hydro indicated that the decision to sell […]

Sources Say Glencore And Liberty House Among Trio Of Potential Buyers Of Rio Tinto’s Iceland Aluminium Assets

Sources revealed to Reuters late last week that at least three companies, including Glencore plc, have shown a strong interest in purchasing Anglo-Australian mining giant Rio Tinto Group’s aluminium operations in Iceland, Sweden, and the Netherlands for up to US$350 million. An anonymous source Reuters characterized as being involved in the banking industry reportedly told […]