Zalaris ASA: New Revolving Credit Facility will significantly reduce financing costs
24 October 2025 05:23
Zalaris (Ticker: ZAL) has secured a EUR 40 million, 3+2-year Revolving Credit Facility (RCF), from Nordea to refinance its current EUR 40 million senior secured bond loan (ISIN: NO00128644).
This refinancing is expected to lower annual interest expenses by NOK 16 – 18 million, which translates to an estimated increase in earnings per share of NOK 0.58 – 0.65, based on the leverage ratio as of Q3 2025.
Closing is planned by mid-November; bondholders will receive a redemption notice in due time.
Contact:
Gunnar Manum, CFO
Mobile: +47 951 79 190
E-mail: gunnar.manum@zalaris.com
About Zalaris
Zalaris is a trusted global provider of cloud-based Payroll and Human Capital Management (HCM) solutions, helping international organizations streamline HR processes with efficiency, transparency, and regulatory compliance.
With over 1,200 skilled #teamZalaris members across 18 countries, we support organizations in more than 150 countries through one unified, cloud-based platform - Peoplehub. Our mission is to simplify HR and payroll operations by offering scalable solutions that reduce administrative complexity, ensure compliance, and provide actionable insights. By enabling businesses to focus on their people, we empower them to drive strategic growth and create long-term value. To learn more, visit zalaris.com.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.