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Kaldvík secures lender waiver after jellyfish event breaches minimum liquidity covenant
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Kaldvík secures lender waiver after jellyfish event breaches minimum liquidity covenant
  • 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:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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