SBM Offshore signs a US$1.1 billion Revolving Credit Facility
Globenewswire·2025-04-10 16:24
Amsterdam, April 10, 2025 SBM Offshore announces that it has signed a US$1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks to refinance its existing US$1.0 billion RCF which was due to expire in February 2026. The new RCF has a tenor of five years and two one-year extension options as well as an uncommitted option to increase the facility by an additional US$500 million. The RCF is an important pillar of the Company’s financing strategy and can be used to finance g ...