Hurtigruten completes €430m refinancing deal

Hurtigruten has secured long-term financing with four Nordic banks.

The deal includes €330 million in refinancing for the business’s existing debt and a €100 million equity issue.

DNB, Danske Bank, Nordea and SEB led the financing, which strengthens Hurtigruten’s capital structure and reflects improved performance since its split from HX Expeditions in 2025.

Chief executive Hedda Felin said: “We are very pleased to have secured long-term financing with the four leading Nordic banks.

“The transaction significantly reduces financing costs and gives us a solid foundation going forward.

“This refinancing marks an important milestone for Hurtigruten, executing on our plan to reduce leverage and create flexibility for further growth.

“With a strong balance sheet supported by capable partners, we are well-positioned to deliver on our strategy, invest in our product offering and continue providing unique experiences along the Norwegian coast and in Svalbard.”