Over the past few weeks, Hagar hf. has been working on refinancing the group and has already secured financing in the form of credit lines to manage short-term operational fluctuations. Concurrently, the company intends to issue and sell up to ISK 8 billion in bonds to complete the group's refinancing. An agreement has been signed with Arctica Finance hf. to manage the bond offering; the summer months will be dedicated to preparation, with investor presentations scheduled for mid-August.
