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Norway’s Proximar makes first drawdown on loan, completes Japanese land buy

Land-based Norwegian salmon farmer Proximar Seafood has made its initial drawdown on a JPY 8.8 billion ($62.7 million) loan facility to complete its Japanese land purchase

By Undercurrent News | June 5, 2023 16:14 BST
Mt Fuji and salmon
Mount Fuji and salmon. Credit: Proximar Seafood
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Land-based Norwegian salmon farmer Proximar Seafood has made its initial drawdown on a JPY 8.8 billion ($62.7 million) loan facility to complete its Japanese land purchase agreement with Daiwa House, according to a company statement.  [...]

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