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Tagged in Financing
Teekay Offshore Partners Announces $100 Million FPSO Fleet Refinancing
Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced yesterday that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO units.The previous credit facility …
May 2, 2019 / Finance
Golar LNG received a firm USD 700Mln Financing Commitment for FLNG Gimi
Golar LNG Limited (Golar) announced yesterday that, further to the announcement made on February 26 with regards to the BP Tortue project, Gimi MS Corporation (Gimi MS), a 70% owned subsidiary of Golar, has received a firm $700 million underwritten …
Apr 17, 2019 / Finance
Watson Farley & Williams advises Teekay Offshore on US$414m ECA-backed shuttle tanker newbuild loan
Watson Farley & Williams (WFW) advised long-standing client Teekay Offshore Partners L.P. (Teekay Offshore) on a US$414m debt facility to fund four LNG-fuelled newbuild shuttle tankers. The facility, which bears interest at Libor plus 225 basis …
Apr 11, 2019 / Finance
Teekay Offshore Partners Secures New $414 Million Debt Facility for Four Shuttle Tanker Newbuilds
Teekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced yesterday that it has secured a new $414 million long-term debt facility that will be used to finance four LNG-fueled Suezmax DP2 shuttle tanker newbuildings. Upon delivery in 2019 …
Apr 5, 2019 / Finance
Scorpio Bulkers Announces Agreements to Increase Existing Credit Facilities by $41Mln to Finance Exhaust Gas Cleaning Systems
Scorpio Bulkers Inc. (NYSE:SALT) (Scorpio Bulkers) announced today that the Company has reached agreements with certain lenders to increase certain existing credit facilities by a total of $41 million to finance the installation of exhaust gas …
Apr 1, 2019 / Finance
Port of Tyne secures £60M refinancing deal from Lloyds Bank
Port of Tyne has secured a £60m refinancing package from Lloyds Bank Commercial Banking.The Port of Tyne – which operates one of the UK’s major ports – has secured a £60m refinancing package from Lloyds Bank Commercial Banking to support its …
Mar 6, 2019 / Finance
Top Ships Inc. Announces Completion of Senior Secured Post-Delivery Financing for M/T Eco California
TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products, announced today that it has concluded Financing Agreements of up to $45.8 …
Jan 22, 2019 / Finance
Eagle Bulk Shipping Inc. Receives Commitment for a New Credit Facility Totaling USD 208 Million
Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (Eagle) announced today that Eagle Bulk Ultraco LLC, a wholly-owned subsidiary of the Company, has received a loan commitment from a consortium of banks for a new five year senior secured facility (the …
Jan 22, 2019 / Finance