The facilities, which are available for general corporate purposes, replace Hydro's undrawn USD 1,600 million and USD 1,000 million revolving credit facilities. The entire amounts are also available as sub-facility swinglines to facilitate immediate liquidity needs.
The margin of the facilities will be adjusted based on Hydro's progress to meet its annual targets to reduce CO2 emissions per tonne of hot metal from electrolysis.
"The successful refinancing is a testament to the strong relationship between Hydro and our core banking partners. The favorable terms and smooth execution reflect the deep trust cultivated over many years. By integrating a sustainability-linked structure into the facilities, we reaffirm our steadfast commitment to delivering on Hydro's climate roadmap toward 2030, even amid a challenging macroeconomic environment," says Trond Olaf Christophersen, Hydro's Chief Financial Officer.
DNB Carnegie, ING and SEB acted as the coordinating Mandated Lead Arrangers and Bookrunners on the transaction.
In addition, BNP Paribas, Citi, Crédit Agricole, Danske Bank, Goldman Sachs, Handelsbanken, J.P. Morgan and Nordea participated in the transaction as Mandated Lead Arrangers and Bookrunners.
DNB acts as Facility Agent and Documentation Agent, while ING and SEB are Joint Sustainability Coordinators.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Published: November 18, 2025
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Norsk Hydro ASA published this content on November 18, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 18, 2025 at 17:35 UTC.
Norsk Hydro ASA is one of the world's leading producers of aluminium and energy. Net sales break down by activity as follows:
- manufacturing of aluminium products (44.6%): primarily extruded aluminium profiles, rolled aluminium products, tubes, sheet metal, construction metals, automotive components, etc.;
- sale and trading of aluminium (36.4%);
- production and refining of aluminium (16.6%): bauxite and alumina, raw aluminium and aluminium foundry products;
- production and distribution of energy (2.4%): electricity (No. 2 producer in Norway) and hydroelectric power.
Net are distributed geographically as follows: Norway (5.9%), Germany (9.5%), Poland (4.2%), France (3.9%), European Union (12.9%), Switzerland (6.9%), the United Kingdom (2.3%), Europe (7.9%), the United States (22.3%), Americas (7.7%), Japan (3.6%), China (2.6%), Asia and the Middle East (10.3%).
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