Kaldvík secures lender waiver after jellyfish event breaches minimum liquidity covenant

Bitget2026/10/01 19:12

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Kaldvík entered a waiver agreement with lenders following disruption from a jellyfish event in Reyðarfjörður.
As of Sept. 30, 2026, it breached a minimum liquidity covenant.
It also failed to adjust the available amount under its revolving credit facility.
Lenders waived both requirements through Oct. 25, 2026.
The company is in talks with lenders on a financial plan once the waiver expires.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kaldvik AS published the original content used to generate this news brief on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kaldvík secures lender waiver after jellyfish event breaches minimum liquidity covenant

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