Ship Finance International launched its $1.2 billion refinancing facility last Thursday afternoon at a favorable 70 points over Libor. DnB NOR, which has been negotiating with the company since the summer, was mandated the facility agent. Calyon, Fortis Bank and Nordea are the lead arrangers and we expect the same banks in the original facility to take a piece of the new one that should close pretty soon given the interest in the deal.
This is only an excerpt of Ship Finance Launches New $1.2B Refinance Facility at 70 Points
Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.
Tags: · Calyon, Fortis Bank, Nordea, Ship Finance International
You must be logged in to post a comment.